Getty Realty (GTY) Tops Q1 EPS by 11c

Getty Realty (NYSE: GTY) reported Q1 EPS of $0.40, $0.11 better than the analyst estimate of $0.29.

• Funds From Operations (“FFO”) of $0.44 per share
• Adjusted Funds From Operations (“AFFO”) of $0.47 per share
• Invested an aggregate of $30.3 million across nine properties

“The continued stability of our core portfolio and the strength of our tenants’ operating businesses resulted in another quarter of growth at Getty. We delivered strong financial results while effectively executing on our strategic growth plans, including investing more than $30 million in our target asset classes,” stated Christopher J. Constant, Getty’s President & Chief Executive Officer. “As we look ahead, we are excited about the depth of our acquisition and redevelopment pipelines, and believe that our conservatively leveraged balance sheet and access to capital provide ample capacity to support our ongoing focus on growth opportunities.”

For earnings history and earnings-related data on Getty Realty (GTY) click here.

You May Also Be Interested In

• Blackhawk Network (HAWK) Reports Q2 Loss of $0.07; Offers Guidance
• LogicBio Therapeutics (LOGC) Misses Q2 EPS by 10c
• Cineverse Corp (CNVS) Misses Q1 EPS by 20c; Offers Guidance