Safehold SAFE will release its quarterly earnings report on Monday, 2024-10-28. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Safehold to report an earnings per share (EPS) of $0.37.
Anticipation surrounds Safehold's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Earnings Track Record
In the previous earnings release, the company beat EPS by $0.05, leading to a 2.39% increase in the share price the following trading session.
Here's a look at Safehold's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.36 | 0.39 | 0.35 | 0.34 |
EPS Actual | 0.41 | 0.43 | 0.36 | 0.33 |
Price Change % | 2.0% | 4.0% | -6.0% | -2.0% |
Market Performance of Safehold's Stock
Shares of Safehold were trading at $23.18 as of October 24. Over the last 52-week period, shares are up 42.27%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Safehold visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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