Getty Realty Earnings Preview
Getty Realty (NYS: GTY) will look to avoid missing estimates for the fourth consecutive quarter when its earnings are released. The company will unveil its latest earnings on Thursday, March 15. Getty Realty is a real estate investment trust in the United States specializing in the ownership and leasing of retail motor fuel and convenience store properties and petroleum distribution terminals.
What analysts say:
- Buy, sell, or hold?: Analysts don't like Getty Realty as much as competitor Cedar Shopping Centers overall. One out of six analysts rate Cedar Shopping Centers a buy compared to zero out of two for Getty Realty. Analysts haven't adjusted their rating of Getty Realty for the past three months.
- Revenue forecasts: On average, analysts predict $22.4 million in revenue this quarter. That would represent a rise of 1% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.28 per share. Estimates range from $0.01 to $0.56.
What our community says:
CAPS All-Stars are in strong support of the stock, with 95.7% awarding it an outperform rating. Most of the community backs the All-Stars, with 89% granting it a rating of outperform. Though still bullish, the CAPS rating of four out of five stars for Getty Realty is a bit more pessimistic than the community assessment.
Getty Realty's income has fallen year over year by an average of 11.3% over the past five quarters. Revenue has now gone up for three straight quarters.
For all our Getty Realty-specific analysis, including earnings and beyond, add Getty Realty to My Watchlist.
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At the time this article was published