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.
Due to uncertainty related to the COVID-19 pandemic, Getty withdrew the 2020 earnings guidance that was previously provided.
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