Getty Realty Q1 2024 FFO $0.57 Beats $0.56 Estimate, Sales $48.970M Beat $46.234M Estimate
Portfolio Pulse from Benzinga Newsdesk
Getty Realty (NYSE:GTY) reported Q1 2024 FFO of $0.57 per share, surpassing the $0.56 estimate, and sales of $48.970M, exceeding the $46.234M estimate. This represents a 1.79% increase in earnings and a 13.83% increase in sales over the same period last year.

April 25, 2024 | 8:09 pm
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Getty Realty's Q1 2024 FFO and sales exceeded analyst estimates, showing a 1.79% increase in earnings and a 13.83% increase in sales year-over-year.
Beating both FFO and sales estimates typically signals operational strength and efficiency, which can positively influence investor sentiment and potentially lead to a short-term uptick in stock price. The reported year-over-year growth further solidifies Getty Realty's market position and financial health, making it an attractive asset for investors.
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