Safehold Inc. (SAFE) Reports In-Line Q3 EPS

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Go back to Safehold Inc. (SAFE) Reports In-Line Q3 EPS

Safehold Reports Third Quarter 2020 Results

October 22, 2020 7:30 AM EDT

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

Highlights from the third quarter earnings announcement include:

Revenue of $38.0 million, a 70% increase year-over-year Net income of $14.2 million, a 159% increase year-over-year Earnings per share of $0.28, an 84% increase year-over-year 100% ground rent received $105 million of new investments, including $71 million closed subsequent to the end of the quarter Over $200 million of signed LOIs Subsequent to the end of the quarter, added new bank relationship to revolving credit... More