Safehold Inc. (SAFE) Tops Q3 EPS by 3c

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Safehold Reports Third Quarter 2021 Results

October 21, 2021 7:30 AM EDT

NEW YORK, Oct. 21, 2021 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) reported results for the third quarter 2021.

Highlights from the third quarter earnings announcement include:

Revenue of $47.3 million, a 24% increase year-over-year Net income of $20.2 million, a 43% increase year-over-year Earnings per share of $0.38, a 36% increase year-over-year $321 million of originations(1) $624 million of UCA growth $242 million capital raised from equity offering

"Safehold reported a strong third quarter with over $300 million of new originations, growing the portfolio by 9%... More