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Getty Realty Corp. (GTY)
NYSE:GTY
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.31Last Year’s EPS
0.3Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: 1.79%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with strong growth in base rent and AFFO, stable portfolio occupancy, and a robust investment pipeline. However, the Zips Car Wash bankruptcy and market volatility present challenges. Despite these lowlights, the company remains confident in its strategic approach and capital position.Company Guidance
During Getty Realty's first quarter 2025 earnings call, several key metrics and guidance were highlighted. The company reported an 11.2% increase in annualized base rent to approximately $199 million, compared to the previous year. Adjusted Funds From Operations (AFFO) per share rose by 3.5% to $0.59. The growth was attributed to rental increases in the existing portfolio and previous investment activities. Getty's convenience and automotive retail tenants demonstrated resilience, with 95% of annualized base rent actively monitored through site-level financials and public data. The company's investment pipeline grew to over $110 million, with a significant portion in development funding transactions, and the weighted average lease term on acquired assets was 14 years. Getty also reaffirmed its AFFO per share guidance for 2025, ranging from $2.38 to $2.41, despite ongoing macroeconomic challenges. The company maintained a strong capital position with over $450 million in liquidity, ensuring the ability to fund future investments.Annualized Base Rent Growth
Getty Realty reported an 11.2% growth in annualized base rent over the prior year, reaching approximately $199 million.
Increased AFFO Per Share
Adjusted funds from operations (AFFO) per share increased by 3.5% to $0.59 compared to the previous year's quarterly result.
Portfolio Stability and Occupancy
The portfolio maintained an occupancy rate of 99.7%, with a weighted average lease term of 10 years.
Expanded Investment Pipeline
Getty Realty increased its committed investment pipeline to more than $110 million, with a distribution across auto service, convenience stores, drive-through QSRs, and express tunnel car washes.
Strong Capital Position
The company maintained a strong capital position with more than $450 million of total liquidity at quarter end.
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GTY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GTY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2025 | $28.51 | $27.57 | -3.30% |
Feb 12, 2025 | $29.66 | $30.48 | +2.76% |
Oct 23, 2024 | $31.28 | $31.63 | +1.12% |
Jul 24, 2024 | $29.38 | $30.37 | +3.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Getty Realty Corp. (GTY) report earnings?
Getty Realty Corp. (GTY) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is Getty Realty Corp. (GTY) earnings time?
Getty Realty Corp. (GTY) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GTY EPS forecast?
GTY EPS forecast for the fiscal quarter 2025 (Q2) is 0.31.
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