**Realty Income Corp. (NYSE: O)** has gained attention as one of the most searched stocks recently, with shares returning +3.3% over the past month. The REIT industry’s performance aligns closely, with a +4.3% increase during the same period. Analysts anticipate the company will report earnings of $1.05 per share for the current quarter, reflecting a +5% year-over-year change. The fiscal year earnings estimate stands at $4.21 per share, also up +5.3% from the previous year.
Realty Income’s consensus sales estimate for the current quarter is $1.29 billion, indicating a significant +26.3% increase year-over-year. In the most recent quarter, the company reported revenues of $1.26 billion, a +33.5% rise from the previous year, surpassing consensus estimates by +5.8%. Realty Income Corp. currently holds a Zacks Rank of #2 (Buy), suggesting it may outperform the broader market in the near term.
