Getty Realty Corporation (NYSE:GTY) is set to announce second quarter earning results on Wednesday 22nd July 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, GTY to report 2Q20 income of $ 0.27 per share.
For the full year, analysts anticipate top line of $ 143.37 million, while looking forward to income of $ 1.11 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.75 ~ $ 1.80 per share
Click Here For More Historical Outlooks Of Getty Realty Corporation
Previous Quarter Performance
Getty Realty Corporation revealed income for the first quarter of $ 0.46 per share, from the revenue of $ 35.36 million. The quarterly earnings enlarged 76.92 percent while revenues swell 3.85 percent compared with the same quarter last year.
Wall street analysts are predicting, GTY to report 1Q20 income of $ 0.28 per share from revenue of $ 35.87 million. The bottom line results beat street analysts by $ 0.18 or 64.29 percent, at the same time, top line results fell short of analysts by $ 0.51 million or 1.42 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of GTY was $ 29.70, representing a 81.54 % increase from the 52 week low of $ 16.36 and a 12 % decrease over the 52 week high of $ 33.75.
The company has a market capital of $ 1.23 billion and is part of the Real Estate sector and REIT – Retail industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.37 per share on May 6, 2020. The dividend were payable on July 9, 2020 to holders of record as of the close of business on June 25, 2020 and ex-dividend date on June 24, 2020.
Getty Realty Corp. is the leading publicly traded real estate investment trust in the United States specializing in the ownership, leasing and financing of convenience store and gasoline station properties. As of June 30, 2019, the Company owned 862 properties and leased 71 properties from third-party landlords in 31 states across the United States and Washington, D.C.