earnings
confidence high
sentiment neutral
materiality 0.70
iStar reports Q4 net loss of $86.7M, FY net income of $397.8M; special dividend paid
Safehold Inc.
2022-FY EPS reported
$4.92
revenue$158,051,000
- Q4 net loss $86.7M ($1.00/diluted share); FY net income $397.8M ($4.92/diluted share).
- Adjusted Q4 loss $79.9M ($0.92/share); FY adjusted earnings $522.0M ($6.25/share).
- $150M proceeds from asset sales and loan repayments in Q4 and post-quarter.
- $192M special dividend paid in 6.6M Safehold shares.
- Safehold closed 26 ground leases totaling $1.4B in 2022.