Safehold reports Q4 EPS 36c, consensus 37c

Reports Q4 revenue $91.9M, consensus $92.41M. “This was an important foundation building year for Safehold (SAFE),” said Jay Sugarman, CEO. “We increased earnings and liquidity, received multiple positive credit outcomes including our second ‘A’ rating, and established a valuable and growing affordable housing vertical. We believe our balance sheet and scale have solidified our position as the market leader in the ground lease sector, and we look forward to putting capital to work to serve our customers and create value for shareholders.”