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Dec 31, 2019
Getty Q4 2019 Earnings Report
Announced fourth quarter and full year 2019 results and provided 2020 annual guidance.
Key Takeaways
Getty Realty Corp. reported net earnings of $0.33 per share for the quarter ended December 31, 2019, compared to $0.32 per share for the same period in 2018. FFO was $0.51 per share, and AFFO was $0.43 per share. The company acquired 13 properties for $43.8 million during the quarter.
Net earnings of $0.33 per share
Funds From Operations (FFO) of $0.51 per share
Adjusted Funds From Operations (AFFO) of $0.43 per share
Acquired 13 properties for an aggregate of $43.8 million
Revenue by Segment
Forward Guidance
The Company has established its 2020 AFFO guidance at a range of $1.75 to $1.80 per diluted share. The Company’s guidance includes all transaction activity as of the date of this release but does not assume any potential future acquisitions or capital markets activities for the remainder of 2020.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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