Safety Income & Growth (SAFE) Misses Q3 EPS by 1c

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Safety, Income & Growth Reports Third Quarter 2018 Results

October 25, 2018 7:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- Safety, Income & Growth Inc. (NYSE: SAFE) today reported results for the third quarter ended September 30, 2018. Highlights for the quarter include:

Net income of $2.0 million or $0.11 per share Funds from Operations (FFO) of $4.3 million or $0.24 per share Adjusted Funds from Operations (AFFO) of $1.2 million or $0.07 per share New investments totaled $106 million Aggregate portfolio increased 16% to $770 million Deals under LOI rose to $408 million... More