Safehold Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 16.72 million compared to USD 16.51 million a year ago. Revenue was USD 85.56 million compared to USD 71.7 million a year ago. Net loss was USD 122.97 million compared to net income of USD 66.08 million a year ago. Basic loss per share from continuing operations was USD 1.81 compared to basic earnings per share from continuing operations of USD 1.04 a year ago. Diluted loss per share from continuing operations was USD 1.81 compared to diluted earnings per share from continuing operations of USD 1.04 a year ago.
For the nine months, sales was USD 54.37 million compared to USD 49.93 million a year ago. Revenue was USD 249.55 million compared to USD 196.94 million a year ago. Net loss was USD 96.16 million compared to net income of USD 113.63 million a year ago. Basic loss per share from continuing operations was USD 1.47 compared to basic earnings per share from continuing operations of USD 1.83 a year ago. Diluted loss per share from continuing operations was USD 1.47 compared to diluted earnings per share from continuing operations of USD 1.83 a year ago.