Realty Income (O) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.37
- Estimate
- $0.42
- Surprise
- -12.7%
- Revenue (period 2026-06-30)
- $1.55B
- Score at report (before → after)
- 5.6 → 5.7/10
Revenue source: xbrl.
How the report landed
Realty Income (O) missed the $0.42 estimate with diluted EPS of $0.37 — a large 12.7% shortfall. TrendMatrix's engine moved from Buy (Wait) (5.6/10) to Hold at 5.7/10 after the report — the engine's score rose despite the miss.
Where TrendMatrix's rating stands now
TrendMatrix currently rates O Sell at 5.8/10.
0 of the last 4 quarters beat the estimate; this quarter's -12.7% surprise compares with a -14.9% four-quarter average. Next scheduled report: 2026-11-02.
What supports the rating
- Strong growth profile
What argues against it
- Thin upside margin: 3.1%
- Sector modifier (Real Estate): -1.2
- Consecutive earnings misses (4)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $59.88
- Price target
- $61.35
- Stop
- $58.04
- Upside to target
- +2.5%
- Reward-to-risk
- 0.6:1
At 43.4× trailing and 38.3× forward earnings, consensus estimates imply little change in earnings power.
Risk check: RSI 23 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-09-14 — shown for context, not personalized investment advice.
O at TrendMatrix's latest read
REIT quarters hinge on occupancy, rate exposure, and FFO rather than headline EPS, which mechanically distorts under depreciation.
- Industry
- REIT - Retail
- Market cap
- $56.30B
- P/E (fwd)
- 38.3
- P/E (ttm)
- 43.4
- 52-week range
- $55.86–$67.94
- Off 52-week high
- 11.9%
- RSI (14)
- 23
- Volume vs avg
- 1.25×
- Score today
- 5.8/10