Loading...
•
Mar 31, 2022
Getty Q1 2022 Earnings Report
Reported solid earnings and cash flow growth driven by the net leased portfolio of convenience and automotive retail real estate.
Key Takeaways
Getty Realty Corp. reported a strong first quarter in 2022, with net earnings of $0.39 per share, FFO of $0.49 per share, and AFFO of $0.52 per share. The company invested $8.8 million across five properties and completed a $225 million private placement of senior unsecured notes. As a result of the Company’s year-to-date investment and capital markets activity, the Company is increasing its 2022 AFFO guidance to a range of $2.10 to $2.12 per diluted share from its prior range of $2.08 to $2.10 per diluted share.
Net earnings of $0.39 per share
FFO of $0.49 per share
AFFO of $0.52 per share
Completed $225 million private placement of senior unsecured notes
Forward Guidance
The Company is increasing its 2022 AFFO guidance to a range of $2.10 to $2.12 per diluted share from its prior range of $2.08 to $2.10 per diluted share.
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...