Greystone releases Q4 financial highlights

Published 05/03/2025, 23:02
Greystone releases Q4 financial highlights

Today, Greystone Housing Impact Investors LP, a Delaware-based finance services firm trading at $12.97 with a market capitalization of approximately $300 million, disclosed supplemental financial information for the fourth quarter of 2024. The company, known for its impressive 12% dividend yield and 39-year streak of consecutive dividend payments according to InvestingPro data, made available on its website a snapshot of its financial performance, though this does not constitute a complete set of financial statements according to generally accepted accounting principles (GAAP).

The financial information, derived mostly from the company’s GAAP-consistent financial statements and management’s discussion, provides insights into the company’s operations during the last quarter of 2024. InvestingPro analysis indicates positive momentum with two analysts revising earnings upward for the upcoming period, and the company maintaining profitability over the last twelve months with a gross profit margin of 100%. The details shared include selected financial and operational data but exclude a full set of financial statements and related notes.

Greystone, which trades under the ticker (NYSE:GHI), has clarified that the information presented in this disclosure should not be considered "filed" for regulatory purposes, nor should it be subject to the liabilities of certain sections of the Securities Exchange Act of 1934 or the Securities Act of 1933. Furthermore, the information is not to be incorporated by reference into any future filings by the Partnership, unless explicitly stated.

This financial disclosure is based on a press release statement and is intended to provide current and potential investors with the latest available financial information about the company. For investors seeking deeper insights, InvestingPro offers comprehensive analysis with 8 additional ProTips and detailed financial metrics in its Pro Research Report, available for over 1,400 US stocks. Greystone Housing Impact Investors LP has confirmed the authenticity of the data through its Chief Financial Officer, Jesse A. Coury, who signed off on the report dated March 5, 2025.

In other recent news, Greystone Housing Impact Investors LP reported its Q4 2024 earnings, showing a notable earnings per share (EPS) beat but a revenue miss. The company achieved an EPS of $0.39, surpassing the expected $0.27, while revenue was $22.59 million, below the anticipated $25.82 million. Despite the EPS success, the revenue shortfall reflects ongoing challenges in meeting market forecasts. Greystone’s joint venture with BlackRock (NYSE:BLK) is progressing well, marking a strategic milestone for the company. Analysts from firms such as Raymond (NSE:RYMD) James have been inquiring about the company’s strategies and future outlooks. Greystone is also focused on its construction lending joint venture with BlackRock, anticipating the redemption of approximately $120 million in governmental issuer loans. The company’s book value per unit decreased by $1 from the previous quarter, which may affect investor confidence. Greystone’s management remains optimistic about their strategic initiatives despite the revenue miss.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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