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NNN Earnings Report this Week: Is It a Buy, Ahead of Earnings?

National Retail Properties (NNN) is scheduled to report 1st quarter earnings on 05/02/2023, before the market opens.

Regarding Q1 estimates, Wall Street analysts expect National Retail Properties to post earnings of $0.47 per share. Revenue expectations are pegged at $199.16 million. Last quarter, National Retail Properties beat earnings estimates, reporting EPS of $0.50 on estimates of $0.48. The stock fell by -1.92% the day after the last earnings release.

Year-to-date, NNN stock has fallen by -2.58%.

Is National Retail Properties Stock a Buy?

Wall Street’s consensus rating for NNN stock is a Moderate Buy, with an average analyst price target of $47.60, implying upside potential of 9.43% from current levels.

NNN shares have gained about 6.49% in the past six months.

About National Retail Properties

National Retail Properties, Inc. is a real estate investment trust, which engages in investing in properties subject to long-term net leases. It acquires, owns, invests in, and develops properties that are leased to retail tenants under long-term net leases and held for investment. The company was founded on August 8, 1984 and is headquartered in Orlando, FL.

Stay up-to-date on earnings this week, with TipRanks’ Earnings Calendar.

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