GPT Group (ASX:GPT) reported Monday that its adjusted funds from operations (AFFO) per security in 2024 fell to AU$0.245 from the prior year's AU$0.255 per security.
Analysts polled by FactSet were expecting AFFO of AU$0.26 per security.
Loss per security on a diluted basis narrowed to AU$0.105 from AU$0.125 a year earlier.
Revenue for the year ended Dec. 31, 2024, was AU$445.8 million, up from AU$322.1 million in the same period a year earlier. The average estimate as compiled by FactSet was for sales of AU$883.4 million.
The board declared an interim dividend of AU$0.12 per share, down from the AU$0.125 in the previously reported period, payable on Feb. 28 to shareholders on record as of Dec. 31, 2024.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.