Getty Realty Q3 rental income rises 13.8% on acquisitions, lifts FY guidance
GTY•Getty Realty’s third-quarter rental income rose 13.8% year over year to $60.81 million, while adjusted FFO per share increased to $0.64 from $0.62. The company raised 2026 AFFO guidance to $2.53-$2.54 per share from $2.52-$2.54 after completing more than $500 million in year-to-date investments.
1. Quarterly results
Getty Realty said third-quarter rental income increased 13.8% year over year to $60.81 million, driven by revenue from recently acquired properties and contractual rent increases. Adjusted FFO per share rose to $0.64 from $0.62 a year earlier; adjusted FFO totaled $41.15 million.
2. Raised guidance
The company raised its 2026 AFFO guidance to $2.53-$2.54 per share from $2.52-$2.54. Getty Realty reported more than $500 million in year-to-date investments and said lower rent expense and other property expenses improved property operating expenses.
