Safehold Q1 EPS $0.43 Beats $0.39 Estimate, Sales $93.20M Beat $88.08M Estimate
Portfolio Pulse from Benzinga Newsdesk
Safehold Inc. (NYSE:SAFE) reported Q1 earnings of $0.43 per share, surpassing the consensus estimate of $0.39, marking a 10.26% beat and a 4.88% increase from the previous year. Quarterly sales reached $93.20 million, exceeding estimates by 5.81% and showing an 18.99% increase year-over-year.
May 06, 2024 | 8:14 pm
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Safehold Inc. reported a strong Q1 with earnings and sales surpassing analyst estimates, indicating robust financial health and growth.
The positive earnings and sales beat by Safehold Inc. suggest strong operational performance and financial health, which typically leads to increased investor confidence and potential stock price appreciation in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100