Safehold Q2 Adj EPS $0.35 Misses $0.36 Estimate, Sales $85.66M Beat $84.36M Estimate
Portfolio Pulse from bharat@benzinga.com
Safehold (NYSE:SAFE) reported Q2 earnings of $0.35 per share, missing the analyst consensus estimate of $0.36 by 2.78%. This is a 5.41% decrease from the same period last year. However, the company reported quarterly sales of $85.66 million, beating the analyst consensus estimate of $84.36 million by 1.54%. This is a 32.02% increase from the same period last year.
August 04, 2023 | 10:32 am
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Safehold's Q2 earnings per share missed estimates, but sales beat estimates. This mixed result could lead to uncertainty in the market.
Safehold's earnings per share missed the analyst consensus estimate, which could negatively impact the stock. However, the company's sales beat the estimate, which could have a positive impact. The mixed results could lead to uncertainty in the market, potentially causing volatility in the stock price.
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