Getty Realty Q4 net earnings $0.30, AFFO $0.57 per share; record FY investment $326.3M

GETTY REALTY CORP /MD/

2023-FY EPS reported $1.15 revenue$185,846,000

Q4 net earnings $0.30/share, FFO $0.51/share, AFFO $0.57/share.
Full year 2023 net earnings $1.15/share, FFO $2.06/share, AFFO $2.25/share.
Record investment activity: $326.3M deployed across 81 properties in 2023; Q4 $61.8M across 38 properties.
Base rental income grew ~10% YoY; AFFO per share grew >5% YoY.
Management expects continued growth in 2024 via increased cash flow and strong credit profile.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.65

GETTY REALTY CORP /MD/ reported financial results for quarter and year ended December 31, 2023.

Period: quarter and year ended December 31, 2023
Result: reported results

Exact text from the filing

On February 14, 2024, Getty Realty Corp. issued a press release announcing its results of operations for the quarter and year ended December 31, 2023.

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Source: SEC EDGAR

accession 0000950170-24-015306

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