earnings
confidence high
sentiment positive
materiality 0.75
Getty Realty Q4 2022 net earnings $0.57/share; exceeds guidance; dividend raised 5%
GETTY REALTY CORP /MD/
2022-FY EPS reported
$1.88
revenue$165,588,000
- Q4 2022 net earnings $0.57/share; FFO $0.63; AFFO $0.55.
- Full year 2022 net earnings $1.88/share; FFO $2.44; AFFO $2.14.
- Invested $157.5M in 52 properties in 2022; $110M+ under contract; $115M unsettled forward equity.
- Board approved 5% dividend increase, eighth consecutive year of substantial dividend raise.
- Exceeded high end of 2022 guidance.