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Sep 30, 2023
Getty Q3 2023 Earnings Report
Reported strong results driven by strategic investments and capital markets activities.
Key Takeaways
Getty Realty Corp. announced strong third-quarter results, highlighted by $269 million in year-to-date investments. The company reported net earnings of $0.31 per share, FFO of $0.53 per share, and AFFO of $0.57 per share. As a result of year-to-date investment and capital markets activity, the Company is increasing its 2023 AFFO guidance to a range of $2.24 to $2.25 per diluted share from the prior range of $2.23 to $2.24 per diluted share.
Net earnings were $0.31 per share.
Funds From Operations (FFO) were $0.53 per share.
Adjusted Funds From Operations (AFFO) were $0.57 per share.
Invested $155.0 million across 50 properties.
Revenue by Segment
Forward Guidance
The Company is increasing its 2023 AFFO guidance to a range of $2.24 to $2.25 per diluted share from the prior range of $2.23 to $2.24 per diluted share.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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