Global Medical REIT Inc expected to post breakeven results a share - Earnings Preview

Chiron Real Estate

25/02/2025 22:03

Global Medical REIT Inc GMRE.N, GMRE.K is expected to show a rise in quarterly revenue when it reports  results on February 27 for the period ending December 31 2024

The Bethesda Maryland-based  company is expected to report a 5.1% increase in revenue to $34.627 million from $32.96 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Global Medical REIT Inc is for breakeven results per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Global Medical REIT Inc is $10.00​, above​ its last closing price of $8.51. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
0.21
0.20
0.19
Missed
-6.6
Jun. 30 2024
0.20
0.20
0.20
Met
-0.6
Mar. 31 2024
0.21
0.21
0.21
Met
0.6​
Dec. 31 2023
0.22
0.22
0.19
Missed
-13.2
​​Sep. 30 2023
0.21
0.21
0.22
Beat
4.2
Jun. 30 2023
0.22
0.22
0.21
Missed
-5.5​
Mar. 31 2023
0.23
0.23
0.22
Missed
-5.3
Dec. 31 2022
0.23
0.23
0.22
Missed
-6.2

This summary was machine generated February 25 at 22:03 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)