GTY Stock Is Set To Announce Quarterly Sales Worth $37.49 Million

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According to equities analysts, Getty Realty Co. (NYSE: GTY) will post quarterly sales totaling $37.49 million for this current quarter. Estimates of the company’s earnings have been made by two analysts. The highest estimate in sales is $37.79M and the lowest estimate in sales is $37.49M. The company posted sales totaling $35.20 million in the similar quarter of last year, which hints at a positive 6.5% Y-O-Y growth rate.

The company will post its upcoming report of earnings on February 24th, Wednesday. The analysts expect GTY to report $144.02 million in sales of a full year for this current FY, with the range of estimates being $142.67M – $145.37M. For the upcoming year, analysts expect the firm to report $152.71 million in sales with the range of estimates from $148.78M – 156.63M. The sales averages of Zacks Research are mean averages based on the survey conducted by analysts following the company.

Transactions Of GTY Stock

GTY last declared the earnings report on October 21st, Wednesday. The company posted an earnings/share of $0.27 for this quarter, losing to the consensus estimate of Thomas Reuters by $0.17.The firm had $37.90 million in quarterly revenue, compared to the expectations of analysts of $36.34 million. The company has 8.16% in equity returns and a 33.71% net margin.GTY has been a topic in many analyst reports.

ValuEngine raised its ratings on the company’s shares from “sell” to “hold” on October 31st, Saturday.BidaskClub raised its ratings of the company’s shares from “sell” to “hold” on December 16th, Wednesday. JPMorgan raised its ratings on the company’s shares from “underweight” to “neutral” and issued a price objective of $32.00 on the company’s stocks on October 22nd, Thursday. Lastly, Zacks Research reduced its ratings on the company’s shares from “buy” to “hold” on Tuesday.4 analysts have issued a rating of “hold”, one has rated the stock as “buy”. The stock presently has “hold” as its consensus rating and $34.00 as its price target on average.

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