Getty Realty Q1 2024: AFFO $0.57/share; invested $41M in 35 properties; reaffirms outlook

GETTY REALTY CORP /MD/

2024-Q1 EPS reported $0.30 revenue$48,970,000

Q1 2024 net earnings $0.30/share, FFO $0.53/share, AFFO $0.57/share.
Invested $41M across 35 properties in Q1; $7.2M invested post-quarter; committed pipeline of $44M for 23 properties.
Reaffirmed 2024 full year earnings outlook; CEO cites consistent portfolio performance and opportunistic capital deployment.
Company continues to execute sale leaseback and development funding transactions in turbulent retail net lease market.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

GETTY REALTY CORP /MD/ reported the quarter ended March 31, 2024 results: net income $0.30 per share. Guidance reaffirmed.

Period: the quarter ended March 31, 2024
Net income: $0.30 per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

On April 25, 2024, Getty Realty Corp. issued a press release announcing its results of operations for the quarter ended March 31, 2024.

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Source: SEC EDGAR

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