Getty Realty (GTY) Misses Q1 AFFO by 2c

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Getty Realty Corp. Announces Results for the First Quarter 2016

May 4, 2016 4:24 PM EDT

- 18% Increase in Quarterly AFFO per Share -

- Reaffirms 2016 Annual AFFO per Share Guidance -

JERICHO, N.Y.--(BUSINESS WIRE)-- Getty Realty Corp. (NYSE: GTY) (Getty or the Company) announced its financial results for the quarter ended March 31, 2016.

Highlights For The Quarter Ended March 31, 2016

Funds From Operations (FFO) increased to $0.42 per share. Adjusted Funds From Operations (AFFO) increased to $0.39 per share. Disposed of six properties for $1.5 million in the aggregate.... More