Safehold Q2 Adj $0.41 Beats $0.36 Estimate, Sales $89.89M Beat $88.19M Estimate
Portfolio Pulse from Benzinga Newsdesk
Safehold (NYSE:SAFE) reported Q2 earnings of $0.41 per share, beating the $0.36 estimate and showing a 17.14% increase from last year. Sales were $89.89M, surpassing the $88.19M estimate and marking a 4.94% increase from the previous year.
July 29, 2024 | 8:14 pm
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Safehold reported strong Q2 earnings and sales, both beating analyst estimates. Earnings per share were $0.41, a 17.14% increase from last year, and sales were $89.89M, a 4.94% increase from the previous year.
The company's strong performance in both earnings and sales, beating analyst estimates, is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100