National Retail Properties, Inc. Q1 Profit Advances 10%

(RTTNews) - National Retail Properties, Inc. (NNN) announced earnings for its first quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $88.12 million, or $0.60 per share. This was up from $80.32 million, or $0.57 per share, in last year's first quarter.

The company said revenue for the quarter rose 11.4% to $141.43 million. This was up from $126.98 million last year.

National Retail Properties, Inc. earnings at a glance:

-Earnings (Q1): $88.12 Mln. vs. $80.32 Mln. last year. -Earnings Growth (Y-o-Y): 9.7% -EPS (Q1): $0.60 vs. $0.57 last year. -EPS Growth (Y-o-Y): 5.3% -Revenue (Q1): $141.43 Mln vs. $126.98 Mln last year. -Revenue Change (Y-o-Y): 11.4%

-Guidance: Full year EPS guidance: $2.44 - $2.48