Overview

* Getty Realty ( GTY ) Q2 adjusted FFO per share beats analyst expectations

* Company increases 2025 full-year earnings guidance

* Getty Realty ( GTY ) invested $66.1 mln in 28 properties during Q2

Outlook

* Company raises 2025 AFFO guidance to $2.40-$2.41 per share

* Company's guidance reflects investment activity and tenant bankruptcy resolution

Result Drivers

* INVESTMENT ACTIVITY - Getty Realty ( GTY ) invested $66.1 mln in 28 properties at an 8.1% initial cash yield, driving rental income growth

* RENTAL INCOME GROWTH - Base rental income rose 9.9% due to new property acquisitions and contractual rent increases

* EARNINGS GUIDANCE - Co increased 2025 full-year earnings guidance, citing positive business momentum and stable portfolio performance

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $51.31

Rental mln

Income

Q2 EPS $0.24

Q2 Net $14.01

Earnings mln

Q2 Beat $33.97 $0.59 (7

Adjusted mln Analysts

FFO )

Q2 FFO $27.83

mln

Q2 $0.59

Adjusted

FFO Per

Share

Q2 FFO $0.49

Per

Share

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the commercial reits peer group is "buy"

* Wall Street's median 12-month price target for Getty Realty Corp ( GTY ) is $32.50, about 16.1% above its July 22 closing price of $27.28

* The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)