NNN REIT (NNN) Reports Q1 Earnings: What Key Metrics Have to Say

Zacks Zacks
Open on Zacks
NNN REIT (NNN) Reports Q1 Earnings: What Key Metrics Have to Say

NNN REIT (NNN) reported $240.01 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 4.1%. EPS of $0.87 for the same period compares to $0.51 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $240 million, representing a surprise of +0.01%. The company delivered an EPS surprise of +0.23%, with the consensus EPS estimate being $0.87.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how NNN REIT performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Interest and other income from real estate transactions: $0.41 million compared to the $0.36 million average estimate based on three analysts. The reported number represents a change of +46.4% year over year. Revenues- Rental income: $240.01 million compared to the $238.52 million average estimate based on three analysts. The reported number represents a change of +4.1% year over year. Net Earnings Per Share (Diluted): $0.50 versus $0.50 estimated by two analysts on average.

View all Key Company Metrics for NNN REIT here>>>

Shares of NNN REIT have returned +2.5% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Radical New Technology Could Hand Investors Huge Gains

Quantum Computing is the next technological revolution, and it could be even more advanced than AI.

While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.

Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power .

Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.

See Top Quantum Stocks Now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report


 
NNN REIT, Inc. (NNN): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research