Getty Realty (GTY) Misses Q3 EPS by 2c, provides guidance

Getty Realty (NYSE: GTY) reported Q3 EPS of $0.27, $0.02 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $51.47 million versus the consensus estimate of $49.68 million.

2024 Guidance

As a result of year-to-date investment and capital markets activity, the Company is raising its 2024 AFFO guidance to a range of $2.32 to $2.33 per diluted share from the prior range of $2.30 to $2.32 per diluted share. The Company’s outlook includes completed transaction activity as of the date of this release, but does not include assumptions for any prospective acquisitions, dispositions, or capital markets activities (including the settlement of outstanding forward sale agreements).

The guidance is based on current assumptions and is subject to risks and uncertainties more fully described in this press release and the Company’s periodic reports filed with the SEC.

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

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