Earnings

Orlando, Florida, August 5, 2014 – National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced its operating results for the quarter ended June 30, 2014.  Highlights include:

Operating Results:

  • Revenues and net earnings, FFO, Recurring FFO and AFFO available to common stockholders and diluted per share amounts:

Quarter Ended

Six Months Ended

June 30,

June 30,

2014

2013

2014

2013

(in thousands, except per share data)
Revenues $

105,613

 $

96,295

 $

209,677

 $

188,759
Net earnings available to   common stockholders $

36,713

 $

32,724

 $

71,187

 $

62,029
Net earnings per common   share $

0.30

 $

0.27

 $

0.58

 $

0.52
FFO available to common   stockholders $

61,690

 $

54,284

 $

123,331

 $

108,925
FFO per common share $

0.50

 $

0.45

 $

1.01

 $

0.92
Recurring FFO available to common stockholders $

61,767

 $

54,284

 $

123,566

 $

109,684
Recurring FFO per common   share $

0.50

 $

0.45

 $

1.01

 $

0.93
AFFO available to common   stockholders $

62,710

 $

57,400

 $

125,428

 $

114,414
AFFO per common share $

0.51

 $

0.47

 $

1.02

 $

0.97

Portfolio occupancy increased to 98.5%.

To read the full press release, click here.