Safehold Q3 Adj EPS $0.37, Inline, Sales $90.70M Beat $90.41M Estimate
Portfolio Pulse from totan@benzinga.com
Safehold reported Q3 earnings per share of $0.37, meeting analyst expectations, and sales of $90.70 million, slightly surpassing estimates. This represents a 12.12% increase in EPS and a 6.01% increase in sales compared to the same period last year.
October 28, 2024 | 8:15 pm
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Safehold's Q3 earnings per share of $0.37 met expectations, while sales of $90.70 million slightly exceeded estimates. Both metrics showed year-over-year growth.
Safehold's earnings per share met analyst expectations, which is generally neutral, but the slight beat in sales and year-over-year growth in both EPS and sales are positive indicators. This could lead to a slight positive impact on the stock price in the short term.
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