Q4 2018 National Retail Properties Inc Earnings Call Transcript

Feb 12, 2019 / 03:30PM GMT
Operator

Good day, ladies and gentlemen, and welcome to National Retail Properties' Fourth Quarter and Year-End 2018 Earnings Call. (Operator Instructions) At this time, it is my pleasure to turn the floor over to your host, CEO Jay Whitehurst. Sir, the floor is yours.

Julian E. Whitehurst - National Retail Properties, Inc. - CEO, President & Director

Thank you, Cat. Good morning, and welcome to the National Retail Properties' Fourth Quarter and Year-End 2018 Earnings Call. Joining me on this call is our Chief Financial Officer, Kevin Habicht. After some brief opening remarks, I'll turn the call over to Kevin for more detail on our results.

National Retail Properties had a very busy and productive fourth quarter, ending 2018 with annual core FFO per share growth of 5.2% over 2017 results while actually improving our already impressive leverage statistics. Our business model is designed and executed to deliver mid-single-digits per share growth on a multiyear leverage-neutral basis, and 2018 is another example of the power of that consistent strategy. Our

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