Safehold Q4 Revenue Rises 6.5% to $97.87M as EPS Reaches $0.42
Safehold delivered Q4 revenue of $97.87 million, up 6.5% year-over-year, narrowly beating estimates by 0.03%, with EPS rising to $0.42 from $0.36 a year ago. Operating lease income climbed 1.6% to $16.99 million, while interest income hit $73.34 million, missing forecasts by 3%.
1. Q4 Financial Results
Safehold reported $97.87 million in Q4 revenue, a 6.5% year-over-year increase, slightly above the $97.84 million consensus, and delivered EPS of $0.42 versus $0.36 a year ago, narrowly missing the $0.43 projected by analysts.
2. Segment Breakdown
Operating lease income rose to $16.99 million, up 1.6% year-over-year and just above the $16.9 million estimate, while other income grew 8.4% to $4.44 million. Interest income from sales-type leases reached $73.34 million, a 6.8% annual gain but below the $75.64 million forecast.
3. Stock Response and Analyst View
Shares have jumped 5.7% over the past month, outperforming the S&P 500, and carry a Zacks Rank #1 (Strong Buy), indicating expectations for continued upside based on recent metric performances and market momentum.