Realty Income Corporation (O) earnings on August 5, 2026
More Realty Income Corporation earnings
Prior outlook: Pessimistic Outcome: Missed
The stock ended slightly lower even though the company raised its full-year forecast and reported stronger-than-expected sales. It climbed as much as 3.6% during the day before falling back.
O price around the earnings
62.36
Change: -0.5%
2026-08-06, 20:00 UTC
Start of the measured window
End of the measured window
62.31
63.03
63.74
64.46
62.70
August 5, 2026
August 6, 2026
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Missed
- Thesis published
- Results released
Zero beat rate with -23% avg surprise, analyst downgrades, negative trend strength - fundamental weakness clear.
Context analyzed before publication
- Trend
- Score crashed from -38.6 to -91.6; sustained selloff accelerating into event.
Analysts
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.5
- Analysts covering the stock
- 20
- Average price target
- 68.01
- Lowest price target
- 61.5
- Highest price target
- 72
- Upside to price target
- 8.8%
- Quarterly earnings growth
- 24.8%
- Revenue growth
- 12%
- Forward EPS
- 1.71
- Trailing EPS
- 1.22
- Analyst moves in the last 60 days
- 4
- Strong buy: 3
- Buy: 5
- Hold: 15
- Sell: 0
- Strong sell: 1
- Strong buy
- 3
- Buy
- 5
- Hold
- 15
- Sell
- 0
- Strong sell
- 1
- July 22, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
- July 15, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)
- July 6, 2026 · Baird: Maintains rating (Neutral → Neutral)
- June 18, 2026 · Scotiabank: Maintains rating (Sector Outperform → Sector Outperform)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- High
- Normalized volume
- 99%
News
Sources (2)
- Barclays Maintains Equal-Weight on Realty Income, Lowers Price Target to $67 (opens in a new tab) — Benzinga
- Wells Fargo Maintains Equal-Weight on Realty Income, Raises Price Target to $65 (opens in a new tab) — Benzinga
Technicals
Evidence
- Price when the context was analyzed
- 62.9
- Average true range (ATR)
- 1.9%
- Distance to 52-week high
- -5.4%
- 14-day change (14d)
- -3.2%
- 30-day change (33d)
- -1.5%
- 30-day relative strength
- -5.0%
- SPY change (33d)
- +3.5%
- Nearest support
- 62.83
- Distance to nearest support
- 0.1%
- Nearest resistance
- 63.19
- Distance to nearest resistance
- 0.5%
- Volume accumulation ratio (14d / 46d)
- 0.83
- Major: 62.83 (0.1% away, 0.06 ATR, 31 touches)
- Minor: 62.63 (0.4% away, 0.23 ATR, 1 touches)
- Major: 62.38 (0.8% away, 0.43 ATR, 32 touches)
- Major: 63.19 (0.5% away, 0.24 ATR, 30 touches)
- Major: 63.69 (1.3% away, 0.66 ATR, 29 touches)
- Mid: 64.01 (1.8% away, 0.93 ATR, 20 touches)
Trends
Evidence
- Average earnings surprise
- -23.0%
- May 6, 2026: actual EPS 0.34 vs estimate 0.42 (surprise -17.7%)
- February 24, 2026: actual EPS 0.33 vs estimate 0.41 (surprise -18.5%)
- November 3, 2025: actual EPS 0.36 vs estimate 0.4 (surprise -10.8%)
- August 6, 2025: actual EPS 0.22 vs estimate 0.4 (surprise -45.1%)
Expected move
- Implied move
- +1.1%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 0.9%
- 75th percentile move
- 2%
- 90th percentile move
- 2.6%
- Up / down moves
- 10 / 10
- Average up move
- +0.9%
- Average down move
- -1.7%
Monitoring and close
What Realty Income Corporation reported
- Status
- Finished
| Revenue | $1,547 million |
|---|---|
| Revenue estimate | $1,468 million |
| Revenue surprise | +5.4% |
Realty Income beat revenue estimates in Q2, with FFO in line. The company raised its FY2026 FFO guidance, reflecting optimism.
Sources (3)
- Realty Income Raises FY2026 FFO Guidance from $4.41-$4.44 to $4.44-$4.45 vs $4.38 Est (opens in a new tab) — Benzinga
- Realty Income reported revenue of $1.547B, beating the $1.468B estimate. FFO was $1.09, in line with expectations. — Benzinga
- Realty Income Q2 FFO $1.09, Inline, Sales $1.547B Beat $1.468B Estimate (opens in a new tab) — Benzinga
Pre-market second reading after the results
- Verdict
- In line with expectations
Heading into the open, the price is indicating +1.6% pre-market, a move above the stock's usual reaction (about 1%). The figures don't confirm the prior scenario: the comparable cases aren't consistent enough.
How the stock reacted
- Outcome
- Missed
- Consolidated
- -0.4%
- Max favorable move (MFE)
- 0.6%
- Max adverse move (MAE)
- 3.6%