Realty Income share: steadfast despite challenges - quarterly figures are convincing!

Realty Income share: steadfast despite challenges - quarterly figures are convincing!

According to a report by www.sharedeals.de,

Realty Income (NASDAQ: REAL) stock has suffered due to challenges in the real estate market, but the company remains resilient. The fresh quarterly figures prove this. Realty Income is a real estate investment trust (REIT) with more than 6,700 commercial properties in 49 U.S. states, primarily for long-term leases.

The company's quarterly results showed cash flow per share of $1.04, above expectations of $1.02, and revenue of $1.04 billion, higher than forecast $955 million. Additionally, Realty Income has invested US$2 billion in high quality properties and maintained an occupancy rate of over 98%. The company also increased its forecast for the current fiscal year, which led to a positive reaction in the stock market.

The stock's breakout above the 50-day line could prove to be a bullish signal. In addition, the positive impulses from the Federal Reserve that have supported the company could have a strong impact on the REIT's results if interest rates actually fall.

The current developments make Realty Income shares attractive for investors. Especially for investors interested in Dividend Aristocrats, now could be the right time to get involved.
Johann Werther