Realty Income Corporation · O · Next earnings

Realty Income Corporation reports Monday, Nov 2, 2026

O reports before market open with consensus EPS at $0.41 and revenue at $1.43B. Last quarter: Realty Income Raises 2026 AFFO Outlook as Private-Capital Platform Expands

Reports Before market open43 days awayDate estimated Real Estate

What the street expects

Consensus for the coming report
Consensus EPS $0.41 Calendar consensus
Consensus revenue $1.43B Calendar consensus
Report date Nov 2, 2026 Monday, date estimated
Session Before market open 43 days away

Where O left off: FY2026 Q1

Full report

Realty Income Raises 2026 AFFO Outlook as Private-Capital Platform Expands

EPS surprise -18.0% Reported $0.33 vs $0.40
Revenue surprise +3.3% Reported $1.44B vs $1.39B
Stock move -3.5% Event window
Subsequent drift -1.5% Up to 20 sessions

Full-year 2026 AFFO guidance raised from $4.38-$4.42 to $4.41-$4.44 per share. 2026 investment volume target lifted from $8 billion to $9.5 billion. Lease-termination income outlook raised to $45-$50 million. Liquidity at $3.9 billion; net debt at 5.2x annualized EBITDA.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Potential concentration risk from reliance on public equity markets.
  • Macro-economic volatility affecting interest rates and borrowing costs.
  • Credit loss risk despite lowered outlook, especially in higher-yielding assets.
  • Increasing competition for private-capital deals in the U.S. and Europe.
  • Execution risk in scaling new private-capital vehicles.

Questions analysts left open

  • Details and concentration of lease-termination income.
  • Add-back methodology for credit loss provisions.
  • Future split between private-capital and traditional public-equity investments.
  • Scale and pricing of future data-center loan opportunities.
  • Potential size and composition of the $1 billion credit book.

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Recent O quarters

All O earnings
-3.5%FY2026 Q1

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q1

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.