Core Insights - Safehold (SAFE) reported revenue of $91.87 million for Q4 2024, a year-over-year decline of 10.8% [1] - The EPS for the same period was $0.36, unchanged from the previous year [1] - Revenue fell short of the Zacks Consensus Estimate of $92.22 million, resulting in a surprise of -0.38% [1] - The company did not deliver an EPS surprise, with the consensus estimate also being $0.36 [1] Financial Performance Metrics - Operating lease income was $16.72 million, slightly above the average estimate of $16.69 million, representing a year-over-year change of -1.2% [4] - Other income was reported at $4.10 million, below the average estimate of $4.69 million, showing a significant year-over-year decline of 81.9% [4] - Interest income from sales-type leases was $68.68 million, exceeding the estimated $68.29 million, with a year-over-year increase of 12.3% [4] - Interest income from related parties was $2.38 million, slightly below the estimate of $2.39 million [4] - Net income per share (diluted) was $0.36, matching the average estimate from six analysts [4] Stock Performance - Safehold's shares have returned -2.4% over the past month, contrasting with the Zacks S&P 500 composite's +1.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]
Here's What Key Metrics Tell Us About Safehold (SAFE) Q4 Earnings