Safehold Inc reports results for the quarter ended December 31 - Earnings Summary

Safehold

05/02/2025 23:41

* Safehold Inc  SAFE.N  reported quarterly adjusted earnings
of 36
cents​​ per share for the quarter ended December 31, identical
to the same quarter last year.  The mean expectation of
nine analysts for the quarter was for earnings of 36 cents per
share. Wall Street expected results to range from 34 cents to 38
cents per share.
    * Revenue fell 10.8% to $91.87 million from a year ago;
analysts
expected $92.15 million. 
    * Safehold Inc's reported EPS for the quarter was 36 cents​.
    * The company reported quarterly net income of $26.04
million.
    * Safehold Inc shares had fallen by 10.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Safehold
Inc is
$25.00 

This summary was machine generated from LSEG data February 5 at
11:40 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
 Dec. 31 2024      0.36           0.36           Met
 Sep. 30 2024      0.37           0.37           Met
 Jun. 30 2024      0.37           0.41           Beat
 Mar. 31 2024      0.39           0.43           Beat