Comments Off on Record 2014 Operating Results Announced by National Retail Properties, Inc.

Orlando, Florida, February 12, 2015 – National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced record operating results for the quarter and year ended December 31, 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 Year Ended
December 31, December 31,
2014 2013 2014 2013
(in thousands, except per share data)
Revenues $ 115,315 $ 103,992 $ 434,847 $ 393,525
Net earnings available to common stockholders $ 44,898 $ 35,382 $ 155,167 $ 132,222
Net earnings per common share $ 0.35 $ 0.29 $ 1.24 $ 1.10
FFO available to common stockholders $ 72,277 $ 60,646 $ 260,977 $ 229,518
FFO per common share $ 0.56 $ 0.50 $ 2.09 $ 1.91
Recurring FFO available to common stockholders $ 70,485 $ 61,815 $ 259,441 $ 230,965
Recurring FFO per common share $ 0.55 $ 0.51 $ 2.08 $ 1.93
AFFO available to common stockholders $ 71,970 $ 63,603 $ 264,043 $ 238,917
AFFO per common share $ 0.56 $ 0.52 $ 2.12 $ 1.99

 

  •  Portfolio occupancy was 98.6% at December 31, 2014, as compared to 98.8% at September 30, 2014 and 98.2% at December 31, 2013

Click here to read the full press release.

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