NNN REIT INC (NYSE:NNN) reported its second-quarter 2025 earnings, delivering revenue and earnings per share (EPS) that surpassed analyst expectations. However, the market reaction in pre-market trading suggests a mixed sentiment, with shares declining by approximately 2.2%.
Key Earnings Highlights
- Revenue: Reported revenue for Q2 2025 came in at $226.5 million, slightly above the consensus estimate of $225.5 million.
- Earnings Per Share (EPS): The company posted an EPS of $0.85, significantly exceeding the analyst forecast of $0.49.
- Guidance Update: NNN REIT raised its full-year 2025 guidance, indicating confidence in its leasing and acquisition strategy.
Market Reaction & Performance
Despite the earnings beat, the stock saw a pre-market dip, which could reflect profit-taking or broader market conditions rather than disappointment in the results. Over the past month, the stock has been relatively flat (-0.67%), while the last week showed marginal gains (+2.33%).
Forward-Looking Estimates
Analysts expect the following for NNN REIT:
- Q3 2025 Revenue: $227.6 million
- Q3 2025 EPS: $0.50
- Full-Year 2025 Revenue: $912.9 million
- Full-Year 2025 EPS: $2.01
The company’s upward revision in guidance aligns with these projections, reinforcing expectations of steady growth in net lease income and property acquisitions.
Press Release Summary
The earnings announcement highlighted:
- Strong leasing activity and occupancy rates.
- Continued expansion of the property portfolio, now totaling 3,568 properties across 49 states.
- A weighted average remaining lease term of 9.9 years, providing long-term cash flow stability.
For more detailed earnings data and analyst estimates, visit NNN REIT’s earnings page.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult a financial advisor before making decisions.


