Getty Realty Corp reports results for the quarter ended in June - Earnings Summary

Getty Realty

24/07/2024 22:37

* Getty Realty Corp  GTY.N  reported quarterly adjusted
earnings
of 30 cents​​ per share for the quarter ended in June, higher
than the same quarter last year, when the company reported EPS
of 26 cents.  The lone analyst forecast for the quarter was
for earnings of 30 cents per share. 
    * Revenue rose 11.7% to $49.94 million from a year ago;
analysts
expected $48.78 million. 
    * Getty Realty Corp's reported EPS for the quarter was 30
cents​.
    * The company reported quarterly net income of $16.71
million.
    * Getty Realty Corp shares had risen by 17.1% this
quarter and
gained 6.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
reits
peer group is also "hold"

Wall Street's median 12-month price target for Getty Realty Corp
is $30.00 
This summary was machine generated from LSEG data July 24 at
09:37 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.57           0.58           Beat
 Mar. 31 2024      0.56           0.57           Beat
 Dec. 31 2023      0.57           0.57           Met
 Sep. 30 2023      0.56           0.57           Beat