How did GTY's Q4 earnings surprise impact investor sentiment?

Getty Realty's (GTY) Q4 earnings miss had a negative impact on investor sentiment, as evidenced by the following:

1. **Earnings Miss**: GTY reported $0.27 EPS for Q4, missing the consensus estimate of $0.55 by $0.28. This significant shortfall likely contributed to investor disappointment.
2. **Analyst Expectations**: Prior to the earnings release, analysts had expected GTY to post $0.55 per share for the quarter. The actual earnings fell short of these expectations, potentially leading to concerns among investors about the company's performance and future prospects.
3. **Investor Reaction**: The news of GTY's earnings miss was met with a lack of surprise, as indicated by the absence of any immediate negative movement in the stock price. However, the sentiment could have deteriorated over time as investors processed the information and its implications for the company's future.
4. **Market Beat Coverage**: The coverage of GTY's earnings by Market Beat highlighted the earnings miss and the company's guidance, which may have influenced investor sentiment negatively.
5. **Overall Sentiment**: Despite a 52-week high stock price of $32.96 amid robust growth reported earlier, the earnings miss could have tempered investor optimism, especially if they were anticipating a stronger performance based on the company's recent growth trajectory.

In conclusion, GTY's Q4 earnings miss has likely led to a decline in investor sentiment, given the significant deviation from analyst expectations and the potential impact on the company's future performance.