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REIT Comments |
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02/05/2010
NNN $20
National Retail Properties NNN 4Q 2009 FFO $0.36 (adjusted) v $0.42 restated DOWN (14%)
NNN previously reported 4Q 2008 FFO of $0.49 per share
NNN 2009 FFO $1.61 v $1.82 restated DOWN (12%)
NNN previously reported 2008 FFO of $1.99 per share
NNN results for 2009 below previous guidance in a range of $1.66-$1.73 per share
NNN 4Q 2009 occupancy 96.4% DOWN (0.3%) from previous year
NNN a Retail REIT with a portfolio of net leased properties
NNN we rank 2 BUY
NNN market cap $1.6 billion
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