Q3 25 EPS
$0.40
BEAT +18.24%
Est. $0.34
Q3 25 Revenue
$55.6M
BEAT +4.97%
Est. $53.0M
vs S&P Since Q3 25
+17.3%
BEATING MARKET
GTY +26.5% vs S&P +9.2%
Market Reaction
Did GTY Beat Earnings? Q3 2025 Results
Getty Realty delivered a strong third quarter for 2025, posting earnings per diluted share of $0.40 against a consensus estimate of $0.34, a beat of 18.24%, while revenue of $55.59 million topped expectations by 4.97% and grew 8.0% year over year. Th… Read more Getty Realty delivered a strong third quarter for 2025, posting earnings per diluted share of $0.40 against a consensus estimate of $0.34, a beat of 18.24%, while revenue of $55.59 million topped expectations by 4.97% and grew 8.0% year over year. The headline numbers were lifted in part by a $4.10 million environmental expense reversal tied to the removal of unknown reserve liabilities at certain properties, which helped push operating income to $34.75 million from $25.18 million a year ago. Equally important to the quarter's momentum was the company's acquisition engine; Getty deployed $56.30 million across 29 properties at an 8.0% initial cash yield during Q3, bringing year-to-date investment to $236.80 million. Base rental income climbed 11.1% year over year to $52.10 million, reflecting both new property additions and contractual rent escalators. Looking ahead, management nudged full-year 2025 AFFO guidance to $2.42 to $2.43 per diluted share, with a committed pipeline exceeding $75 million providing further visibility into near-term growth, even as analysts have recently flagged the stock as an undervalued opportunity within the net-lease REIT sector.
Key Takeaways
- • Base rental income grew 11.1% year-over-year driven by incremental revenue from recently acquired properties and contractual rent increases
- • Invested $56.3 million across 29 properties at 8.0% initial cash yield during Q3
- • Year-to-date investment activity of $236.8 million at 7.9% initial cash yield
- • Environmental expense reversal of $4.1 million related to removal of unknown environmental reserve liabilities
- • Reduction in property operating expenses due to lower reimbursable real estate taxes and rent expense
GTY YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
GTY Revenue by Segment
Business unit performance breakdown
“Getty's third quarter performance reflects the consistent execution of our disciplined investment strategy and the reliability of rental income derived from convenience and automotive retail tenants. We continue to experience positive momentum in the transactions markets, deploying $237 million at attractive yields year-to-date, and our portfolio metrics remain healthy, reflecting the stability of our owned assets. As we head into the end of the year, our increased 2025 earnings guidance, committed investment pipeline, and ample liquidity have us well-positioned to deliver continued growth and value creation for our shareholders.”
— Christopher J. Constant, Q3 2025 Earnings Press Release
GTY Earnings Trends
GTY vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
GTY EPS Trend
Earnings per share: estimate vs actual
GTY Revenue Trend
Quarterly revenue: estimate vs actual
GTY Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 | — | — | — | — | — |
| Q1 26 | — | — | — | — | — |
| Q4 25 BEAT FY | $0.34 | $0.45 | +31.35% | $60.5M | +8.24% |
| FY Full Year | $1.28 | $1.35 | +5.49% | $221.7M | +3.49% |
| Q3 25 BEAT | $0.34 | $0.40 | +18.24% | $55.6M | +4.97% |
| Q2 25 MISS | $0.33 | $0.24 | -27.34% | $53.3M | +3.24% |
| Q1 25 MISS | $0.31 | $0.25 | -19.48% | $52.3M | -0.17% |