earnings
confidence high
sentiment positive
materiality 0.75
Getty Realty Q2 2024 AFFO $0.58/shr; invests $61.7M, raises full-year guidance
GETTY REALTY CORP /MD/
2024-Q2 EPS reported
$0.59
revenue$98,907,000
- Q2 net earnings $0.30/shr; FFO $0.55/shr; AFFO $0.58/shr.
- Invested $61.7M in 23 properties at 8.1% initial cash yield; YTD total $104M.
- Committed pipeline >$53M for 25 development/acquisition properties as of July 24.
- Increased 2024 full-year earnings guidance (specific amounts not disclosed).