Getty Realty Corp. reported strong financial results for Q4 2023, with net earnings of $0.30 per share, FFO of $0.51 per share, and AFFO of $0.57 per share. The company invested $61.8 million across 38 properties and completed two redevelopment projects during the quarter. Base rental income increased by 12.4% to $42.5 million.
Net earnings were $0.30 per share.
Funds From Operations (FFO) reached $0.51 per share.
Adjusted Funds From Operations (AFFO) was $0.57 per share.
Invested $61.8 million across 38 properties.
The Company reaffirms its most recent 2024 AFFO guidance of $2.29 to $2.31 per diluted share.
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