Safehold Inc reports results for the quarter ended December 31 - Earnings Summary

• Safehold Inc SAFE.N reported quarterly adjusted earnings of 36 cents​​ per share for the quarter ended December 31, identical to the same quarter last year. The mean expectation of nine analysts for the quarter was for earnings of 36 cents per share. Wall Street expected results to range from 34 cents to 38 cents per share.

• Revenue fell 10.8% to $91.87 million from a year ago; analysts expected $92.15 million.

• Safehold Inc's reported EPS for the quarter was 36 cents​.

• The company reported quarterly net income of $26.04 million.

• Safehold Inc shares had fallen by 10.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for Safehold Inc is $25.00

This summary was machine generated from LSEG data February 5 at 11:40 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)