National Retail Properties, Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - National Retail Properties, Inc. (NNN) released earnings for its third quarter that rose from last year.

The company's profit came in at $73.45 million, or $0.47 per share. This compares with $52.54 million, or $0.35 per share, in last year's third quarter.

Excluding items, National Retail Properties, Inc. reported adjusted earnings of $107.00 million or $0.68 per share for the period.

Analysts had expected the company to earn $0.39 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.2% to $155.33 million from $147.71 million last year.

National Retail Properties, Inc. earnings at a glance:

-Earnings (Q3): $107.00 Mln. vs. $97.93 Mln. last year. -EPS (Q3): $0.68 vs. $0.65 last year. -Analysts Estimate: $0.39 -Revenue (Q3): $155.33 Mln vs. $147.71 Mln last year.

-Guidance: Full year EPS guidance: $2.66 to $2.68