Safehold Inc. (SAFE) Misses Q2 EPS by 5c

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Go back to Safehold Inc. (SAFE) Misses Q2 EPS by 5c

Safehold Reports Second Quarter 2020 Results

July 23, 2020 7:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- Safehold Inc. (NYSE: SAFE) reported results for the second quarter 2020.

Highlights from the second quarter earnings announcement include:

Revenue of $37.4 million, a 90% increase year-over-year Net income of $12.6 million, a 111% increase year-over-year Earnings per share of $0.24, a 39% increase year-over-year 100% ground rent received $61 million of new investments with ~$900m of remaining purchasing power Dividend increased 4%, consistent with the current policy to grow the dividend at twice the rate of inflation #1 total shareholder returns... More