Based in San Diego, California, Realty Income Corporation (O) is a prominent real estate investment trust (REIT) specializing in single-tenant, retail, and commercial properties. Known for its dependable monthly dividend payments, Realty Income boasts a market cap of $50.12 billion. The company is known for its strategic acquisition approach, robust portfolio, and long-term lease agreements with high-quality tenants. Realty Income is set to release its fiscal Q2 earnings results after the market closes on Monday, Aug. 5.
Ahead of the event, analysts expect O to report funds from operations (FFO) of $1.05 per share, up 5% from $1 in the year-ago quarter. In the last four quarters, the company has surpassed or matched Wall Street’s bottom-line estimates in three and missed on another occasion.
