Orlando, Florida, May 5, 2015 – National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced its operating results for the quarter ended March 31, 2015. Highlights include:
Operating Results:
- Revenues and net earnings, FFO, Recurring FFO and AFFO available to common stockholders and diluted per share amounts:
|
Quarter Ended |
|||||||
| March 31, | |||||||
| 2015 |
2014 |
||||||
|
(in thousands, except per share data) |
|||||||
| Revenues |
$ |
116,187 | $ |
104,064 |
|||
| Net earnings available to common stockholders | $ |
45,119 |
$ |
34,474 |
|||
| Net earnings per common share | $ |
0.34 |
$ |
0.28 |
|||
| FFO available to common stockholders | $ |
70,871 |
$ |
61,641 |
|||
| FFO per common share | $ |
0.54 |
$ |
0.51 |
|||
| Recurring FFO available to common stockholders | $ |
71,027 |
$ |
61,799 |
|||
| Recurring FFO per common share | $ |
0.54 |
$ |
0.51 |
|||
| AFFO available to common stockholders | $ |
72,151 |
$ |
62,719 |
|||
| AFFO per common share | $ |
0.55 |
$ |
0.51 |
|||
- Portfolio occupancy was 98.8% at March 31, 2015, as compared to 98.6% at December 31, 2014 and 98.2% at March 31, 2014
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