Realty Income Corp
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Real Estate : Equity Real Estate Investment Trusts (REITs) | Large Cap Blend
Company profile

Realty Income Corporation is a real estate investment trust. The Company is engaged in acquiring and managing single-unit freestanding commercial properties under a long-term net lease agreement with its commercial clients. The Company owns and operates diversified portfolio of over 11,400 commercial properties. The Company’s properties are leased to over 1,100 different clients who operate in approximately 72 separate industries throughout all 50 states, as well as Puerto Rico, the United Kingdom and Spain. Its properties are leased to retail and industrial clients that have a service, non-discretionary and/or low-price-point component to their business. The Company’s property types include retail, industrial, and agriculture.

Closing Price
$67.86
Day's Change
-0.04 (-0.06%)
Bid
--
Ask
--
B/A Size
--
Day's High
68.85
Day's Low
67.50
Volume
(Average)
Volume:
3,235,288

10-day average volume:
3,175,945
3,235,288

Uber stock pops after earnings as company gives upbeat outlook

7:04 am ET November 1, 2022 (MarketWatch)
Print

Shares of Uber Technologies Inc. were popping in premarket trading Tuesday after the ride-hailing giant topped revenue expectations and gave an upbeat outlook for the current quarter. The company reported a third-quarter net loss of $1.2 billion, or 61 cents a share, compared with $2.4 billion, or $1.28 a share, in the year-earlier period. Analysts tracked by FactSet were anticipating an 18-cent loss per share. Uber also posted adjusted earnings before interest, taxes, depreciation, and amortization (Ebitda) of $516 million, whereas the company posted positive adjusted Ebitda of $8 million in the same period a year before. The FactSet consensus was for $456 million on the non-GAAP metric. Uber's revenue for the quarter surged to $8.34 billion from $4.85 billion, while the FactSet consensus called for $8.11 billion. For the fourth quarter, Uber executives anticipate gross bookings of $30 billion to $31 billion, while analysts were expecting $29.6 billion. Uber's management team is also modeling $600 million to $630 million in adjusted Ebitda, whereas analysts were projecting $568 million. Uber shares have fallen 37% so far this year as the S&P 500 has lost 19%.

-Emily Bary

	

(END) Dow Jones Newswires

November 01, 2022 07:04 ET (11:04 GMT)

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