Oct 31, 2024 / 02:30PM GMT
Operator
Greetings. Welcome to the NNN REIT third quarter 2024, earnings call. (Operator Instructions) Please note, this conference is being recorded. I will now turn the conference over to your host, Steve Horn, Chief Executive Officer. You may begin.
Stephen Horn - NNN REIT Inc - President, Chief Executive Officer, Director
Hey, thanks, Holly. Good morning, everyone. Welcome to NNN's third quarter 2024 earnings call.
I'm joined today by our Chief Financial Officer, Kevin Habicht. This year, NNN has delivered consistent performance, driven by active portfolio management and strategic acquisitions with our relationships, what we call our NNN mode, that sets us apart and delivers our external growth.
Given our year-to-date results, we are tightening our 2024, core FFO per share guidance to a range of $3.28 to $3.32. Additionally, we are now in position to exceed our original acquisition buying guidance, so we are raising the midpoint by 22% to $550 million. This increase showcases the strength of our pipeline and our execution ability.
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Q3 2024 NNN REIT Inc Earnings Call Transcript
Oct 31, 2024
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