Getty Realty Q4 2023 FFO $0.57 Beats $0.56 Estimate, Sales $47.64M Miss $47.88M Estimate
Portfolio Pulse from Benzinga Newsdesk
Getty Realty (NYSE:GTY) reported Q4 2023 earnings of $0.57 per share, surpassing the consensus estimate of $0.56. However, its quarterly sales of $47.64M fell short of the $47.88M estimate, marking a 10.48% increase from the previous year.
February 14, 2024 | 9:06 pm
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Getty Realty's Q4 2023 earnings exceeded expectations at $0.57 per share, but sales slightly missed estimates at $47.64M, showing a 10.48% year-over-year growth.
While Getty Realty's earnings per share exceeded expectations, the slight miss in sales estimates could temper investor enthusiasm, leading to a neutral short-term impact on the stock price. The year-over-year sales growth indicates underlying strength, supporting a balanced view.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100