Getty Realty Corporation (NYSE:GTY) is set to announce third quarter earning results on Wednesday 21st October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, GTY to report 3Q20 income of $ 0.27 per share.
For the full year, analysts anticipate top line of $ 144.60 million, while looking forward to income of $ 1.12 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 unfold income for the second quarter of $ 0.44 per share, from the revenue of $ 37.00 million. The quarterly earnings up 37.50 percent while revenues gained 10.25 percent compared with the same quarter last year.
Street analysts expected Getty Realty Corporation to report income of $ 0.27 per share on revenue of $ 35.91 million for the second quarter. The bottom line results beat street analysts by $ 0.17 or 62.96 percent, at the same time, top line results outshined analysts by $ 1.09 million or 3.04 percent.
Stock Performance
Shares of Getty Realty Corporation traded up $ 0.28 or 1.12 percent on Tuesday, reaching $ 25.31 with volume of 81.30 thousand shares. Getty Realty Corporation has traded high as $ 25.61 and has cracked $ 25.15 on the downward trend
The closing price of $ 25.31, representing a 53.00 % increase from the 52 week low of $ 16.36 and a 25.84 % decrease over the 52 week high of $ 33.75.
The company has a market capital of $ 1.06 billion and is part of the Real Estate sector and REIT – Retail industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.37 per share on July 22, 2020. The dividend were payable on October 8, 2020 to holders of record as of the close of business on September 24, 2020 and ex-dividend date on September 23, 2020.
Conference Call
Getty Realty Corporation will be hosting a conference call at 8:30 AM eastern time on 22nd October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.gettyrealty.com
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.
