Reports Q1 revenue $78.3M, consensus $29.7M. Q1 EPS excluding merger and Caret related costs was 41c. "We are pleased to have closed our merger transaction at the end of the quarter and enhanced Safehold’s leadership position in the ground lease industry," said CEO Jay Sugarman. "While transaction activity has been limited amid a volatile macro backdrop, we look forward to continuing our long-term growth trends once commercial activity resumes."
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