Loading...
•
Mar 31, 2020
Getty Q1 2020 Earnings Report
Getty Realty Corp. reported earnings growth in the first quarter, driven by rent increases, acquisitions, and effective overhead cost management.
Key Takeaways
Getty Realty Corp. announced its financial results for the quarter ended March 31, 2020, reporting net earnings of $0.30 per share, FFO of $0.47 per share, and AFFO of $0.46 per share. The company acquired 12 properties for $57.3 million and completed two redevelopment projects. Due to the COVID-19 pandemic, Getty withdrew its previously issued 2020 guidance range.
Net earnings were $0.30 per share.
Funds From Operations (FFO) was $0.47 per share.
Adjusted Funds From Operations (AFFO) was $0.46 per share.
Acquired 12 properties for an aggregate of $57.3 million.
Revenue by Segment
Forward Guidance
Due to uncertainty related to the COVID-19 pandemic, Getty withdrew the 2020 earnings guidance that was previously provided.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...