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SAFE — Safehold News Story

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Safehold Inc reports results for the quarter ended June 30 - Earnings Summary

Safehold Inc SAFE.N reported quarterly adjusted earnings of 39 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 41 cents.  The mean expectation of seven analysts for the quarter was for earnings of 40 cents per share. Wall Street expected results to range from 38 cents to 43 cents per share.

Revenue rose 4.4% to $93.84 million from a year ago; analysts expected $94.05 million.

Safehold Inc's reported EPS for the quarter was 39 cents​.

The company reported quarterly net income of $27.95 million.

Safehold Inc shares had fallen by 9.1% this quarter and lost 23.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 1.1% 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 6 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the diversified reits peer group is also "buy"

Wall Street's median 12-month price target for Safehold Inc is $21.00, about 32.1% above its last closing price of $14.25

This summary was machine generated from LSEG data August 5 at 10:37 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.400.39Missed
Mar. 31 20250.430.44Beat
Dec. 31 20240.360.36Met
Sep. 30 20240.370.37Met

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