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

Getty Realty

26/04/2024 24:55

* Getty Realty Corp  GTY.N  reported quarterly adjusted
earnings
of 30 cents​​ per share for the quarter ended in March, higher
than the same quarter last year, when the company reported EPS
of 28 cents.  The lone analyst forecast for the quarter was
for earnings of 28 cents per share. 
    * Revenue rose 13.8% to $48.97 million from a year ago;
analysts
expected $46.23 million. 
    * Getty Realty Corp's reported EPS for the quarter was 30
cents​.
    * The company reported quarterly net income of $16.72
million.
    * Getty Realty Corp shares had risen by 0.1% this
quarter and
lost 6.3% so far this year.

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

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 April 25 at
11:55 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
 Mar. 31 2024      0.56           0.57           Beat
 Dec. 31 2023      0.57           0.57           Met
 Sep. 30 2023      0.56           0.57           Beat
 Jun. 30 2023      0.55           0.56           Beat