NYSE$GTY

Getty Realty Corp · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Announced third quarter 2021 results and increased 2021 annual guidance.

Getty Realty Corp. reported a strong third quarter with net earnings of $0.30 per share, FFO of $0.48 per share, and AFFO of $0.50 per share. The company invested $61.1 million across 25 properties and increased its 2021 AFFO guidance.

  • Net earnings of $0.30 per share
  • Funds From Operations (FFO) of $0.48 per share
  • Adjusted Funds From Operations (AFFO) of $0.50 per share
  • Invested an aggregate of $61.1 million across 25 properties

Headline financials

Total Revenue

$40.1M

Previous: $37.9M+5.8%
EPS (adj)

$0.50

Previous: $0.47+6.4%
Capital Expenditures

-$127M

Previous: -$105M-20.9%
Free Cash Flow

-$113M

Previous: -$93.1M-21.3%
Net Income

$14M

Previous: $11.9M+17.9%
Operating Income

$20M

Previous: $18.2M+10.0%
Gross Profit

$33.6M

Previous: $31.3M+7.3%
Cash & Equivalents

$7.28M

Previous: $58.3M-87.5%
Total Assets

$1.4B

Previous: $1.32B+5.9%
Stock-Based Comp

$1.04M

Previous: $867K+19.6%

Revenue & EPS history

Getty · Revenue · Quarterly

$40.1M

Q3 2021+5.8%vs Q3 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Getty · $39.7M total across 1 segment · Q3 2021

  • Revenues from rental properties
    $39.7M+6.6%

Forward guidance

The Company is increasing its 2021 AFFO guidance to a range of $1.93 to $1.94 per diluted share from its prior range of $1.89 to $1.91 per diluted share.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

+0.3%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+2.0%

Avg return

30 days after

55%

36 / 65 earnings

Positive

+8.0%

Q3 2020

Best reaction

-10.9%

Q4 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.7%-0.2%-0.0%
Q4 2025+6.3%+8.9%+6.8%
Q3 2025+2.5%+2.1%+3.7%
Q2 2025+0.4%+2.3%+0.5%
Q1 2025-3.3%-2.1%+0.2%
Q4 2024+2.8%+0.8%+1.9%
Q3 2024+1.3%+1.0%+1.1%
Q2 2024+1.7%+0.9%+1.0%
Q1 2024-1.7%-1.0%-0.2%
Q4 2023+1.5%+0.1%+0.2%
Q3 2023+1.5%-1.0%+10.3%
Q2 2023-3.8%-5.0%-11.3%
Q1 2023+0.5%-0.5%+1.2%
Q4 2022+1.5%+0.7%+2.2%
Q3 2022+3.1%+5.2%+11.1%
Q2 2022+3.7%+6.2%+9.4%
Q1 2022+1.1%-5.5%+0.9%
Q4 2021-0.6%-0.8%+0.9%
Q3 2021+2.8%+2.5%-2.5%
Q2 2021-0.6%-2.3%-2.6%
Q1 2021+2.6%+3.5%+1.3%
Q4 2020+1.8%-1.0%+1.0%
Q3 2020+8.0%+6.2%+13.0%
Q2 2020+0.5%+0.8%-2.5%
Q1 2020+4.8%+6.1%+21.7%
Q4 2019-7.3%-7.8%-24.5%
Q3 2019-1.0%+0.5%-0.6%
Q2 2019-1.5%+0.1%+2.1%
Q1 2019+0.9%+2.4%-3.1%
Q4 2018-3.2%-1.7%-4.2%
Q3 2018+1.6%+1.3%+9.1%
Q2 2018+1.8%-0.0%+2.8%
Q1 2018-1.3%-1.1%+3.6%
Q4 2017+4.8%+3.2%+6.3%
Q3 2017-3.3%-3.0%-0.9%
Q2 2017+4.7%+5.5%+12.0%
Q1 2017-1.2%-2.1%-0.0%
Q4 2016-0.3%-2.8%-4.2%
Q3 2016-0.7%+0.5%+5.0%
Q2 2016+4.1%+5.3%+6.5%
Q1 2016-0.4%
Q4 2015+0.0%
Q3 2015-0.7%
Q2 2015+2.0%
Q1 2015-1.6%
Q4 2014-0.9%
Q3 2014-0.2%
Q2 2014+2.2%
Q1 2014+2.4%
Q4 2013+1.3%
Q3 2013+1.2%
Q2 2013-0.1%
Q1 2013+0.9%
Q4 2012-1.2%
Q3 2012-6.7%
Q2 2012-0.3%
Q1 2012+2.1%
Q4 2011-10.9%
Q3 2011-5.7%
Q2 2011-3.1%
Q1 2011-3.6%
Q4 2010-2.4%
Q3 2010+3.1%
Q2 2010+1.8%
Q1 2010+0.3%

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