UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-13777 GETTY REALTY CORP. (Exact Name of Registrant as Specified in Its Charter) Maryland 11-3412575 (State or Other Jurisdictio ...

Start Time: 08:30 January 1, 0000 9:16 AM ET Getty Realty Corp. (NYSE:GTY) Q1 2025 Earnings Conference Call April 24, 2025, 08:30 AM ET Company Participants Christopher Constant - President and CEO Mark Olear - EVP and COO Brian Dickman - EVP, CFO and Treasurer Joshua Dicker - EVP, General Counsel and Secretary Conference Call Participants Daniel Byrne - Bank of America Mitch Germain - Citizens JMP Upal Rana - KeyBanc Capital Markets Wes Golladay - Baird Brad Heffern - RBC Michael Goldsmith - UBS Michael Go ...

C O N V E N I E N C E A U T O M O T I V E R E T A I L CORPORATE PROFILE and SUPPLEMENTAL INFORMATION APRIL 2025 SAFE HARBOR STATEMENTS Forward Looking Statements Certain statements in this presentation constitute "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements are statements that relate to management's expectations or beliefs, future plans and strategies, future financial performance and similar expressions concerning matters that are not historical ...

Getty Realty (GTY) came out with quarterly funds from operations (FFO) of $0.59 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.57 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate investment trust would post FFO of $0.59 per share when it actually produced FFO of $0.60, delivering a surprise of 1.69%.Over the last four quarters, the company has surpassed consensus FFO estimates three times.Getty Rea ...

Financial Performance - Net earnings for Q1 2025 were $0.25 per share, down from $0.30 per share in Q1 2024[7] - Funds From Operations (FFO) increased to $0.56 per share, compared to $0.53 per share in the same period last year[7] - Adjusted Funds From Operations (AFFO) rose to $0.59 per share, up from $0.57 per share in Q1 2024[7] - The Company reported total revenues of $52,330,000 for the three months ended March 31, 2025, an increase of 6.9% compared to $48,970,000 for the same period in 2024[44] - Funds from operations (FFO) for the first quarter of 2025 were $31,668,000, up from $29,611,000 in the first quarter of 2024, representing a 6.9% increase[45] - Adjusted Funds from Operations (AFFO) increased to $33,797,000 in Q1 2025 from $31,403,000 in Q1 2024, reflecting an increase of 7.6%[45] - The Company’s net earnings for Q1 2025 were $14,786,000, a decrease of 11.6% from $16,723,000 in Q1 2024[44] - Basic net earnings per common share decreased to $0.25 in Q1 2025 from $0.30 in Q1 2024[44] Revenue and Income Growth - Base rental income grew by 13.0% to $49.6 million, driven by revenue from recently acquired properties and contractual rent increases[9] Investment and Capital Management - The company has a committed investment pipeline exceeding $110 million for the development and/or acquisition of 29 properties[5][17] - The company invested $10.9 million in Q1 2025 at a 7.8% initial cash yield across six properties[5] - The company sold two properties for gross proceeds of $0.5 million, recording a gain of $0.3 million[20] Debt and Cash Position - Total outstanding indebtedness as of March 31, 2025, was $907.5 million, with no debt maturities until June 2028[21] - As of March 31, 2025, the company had $6.3 million in available cash and $7.4 million in 1031 disposition proceeds in escrow[22] - Total assets as of March 31, 2025, were $1,969,635,000, slightly down from $1,973,680,000 as of December 31, 2024[42] - Total liabilities decreased to $1,008,515,000 as of March 31, 2025, compared to $1,011,597,000 at the end of 2024[42] - The Company’s cash and cash equivalents decreased to $6,292,000 as of March 31, 2025, from $9,484,000 as of December 31, 2024[42] Guidance and Future Outlook - The company reaffirmed its 2025 AFFO guidance of $2.38 to $2.41 per diluted share[27] - Forward-looking statements include guidance for 2024 AFFO per share, reflecting management's current beliefs and assumptions[39] - The Company emphasized the importance of AFFO as a measure of core operating performance and its utility in comparing sustainability with other real estate companies[38]

- Committed Investment Pipeline Exceeds $110 Million - - No Debt Maturities Until June 2028 - - Reaffirms 2025 Earnings Guidance - NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) (“Getty” or the “Company”), a net lease REIT focused on convenience and automotive retail real estate, announced today its financial and operating results for the quarter ended March 31, 2025. First Quarter 2025 Highlights Net earnings: $0.25 per shareFunds From Operations (“FFO”): $0.56 per shareAdjuste ...

Tariffs potentially pushing us into a recession, slower GDP growth, and expected stagflation will likely weigh on businesses in the near term, even ones deemed recession resistant.Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. I'm a Navy veteran who e ...

NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY), a net lease REIT focused on convenience and automotive retail real estate, will release its financial results for the first quarter ended March 31, 2025 after the market closes on Wednesday, April 23, 2025. Getty Realty Corp. will host a conference call and webcast on Thursday, April 24, 2025, at 8:30 a.m. EDT. To participate in the call, please dial 1-877-423-9813, or 1-201-689-8573 for international participants, ten minutes befo ...

Core Insights - Getty Realty (NYSE: GTY) has outperformed the real estate market despite high-interest rates, indicating strong resilience and performance [1] - The company primarily leases convenience stores, car washes, and auto service centers, showcasing a diversified portfolio within the real estate investment trust (REIT) sector [1] Company Overview - Getty Realty is an American REIT that focuses on leasing properties related to essential services, which may provide stability in revenue generation [1] - The company manages a significant number of properties, contributing to its robust operational performance [1] Market Context - The real estate market is currently facing challenges due to elevated interest rates, which typically pressure property values and investment returns [1] - Despite these market conditions, Getty Realty has managed to perform better than its peers, highlighting its competitive advantage [1]

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