Safehold Inc reports results for the quarter ended in September - Earnings Summary

Safehold

01/11/2022 14:08

* Safehold Inc  SAFE.N  reported quarterly adjusted earnings
of
$1.06​​ per share for the quarter ended in September. The mean
expectation of eight analysts for the quarter was for earnings
of 38 cents per share.
    * Revenue rose 51.6% to $71.70 million from a year ago;
analysts
expected $68.81 million. 
    * Safehold Inc's reported EPS for the quarter was $1.06​.
    * The mean earnings estimate of analysts had fallen by
about 12.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Safehold Inc shares had risen by 10.5% this quarter and
lost 63.4% so far this year.
    * The company reported quarterly net income of $66.1
million.
    * Wall Street's median 12-month price target for Safehold
Inc is
$55.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
1 at 02:08 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.38           1.06           Beat
 Jun. 30 2022      0.40           0.37           Missed
 Mar. 31 2022      0.42           0.43           Beat
 Dec. 31 2021      0.41           0.38           Missed