Global Medical REIT Inc reports results for the quarter ended June 30 - Earnings Summary

Chiron Real Estate

05/08/2025 23:36

Global Medical REIT Inc GMRE.N reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -5 cents.  The mean expectation of five analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from zero cents to 10 cents per share.

Revenue rose 10.9% to $37.97 million from a year ago; analysts expected $35.37 million.

Global Medical REIT Inc's reported EPS for the quarter was a loss of 1 cent​.

The company reported a quarterly loss of $800 thousand.

Global Medical REIT Inc shares had fallen by 3.5% this quarter and lost 13.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 5.8% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is also "buy"

Wall Street's median 12-month price target for Global Medical REIT Inc is $8.75, about 22.9% above its last closing price of $6.75

This summary was machine generated from LSEG data August 5 at 10:36 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.20
0.20
Met
Mar. 31 2025
0.20
0.20
Met
Dec. 31 2024
0.20
0.15
Missed
Sep. 30 2024
0.20
0.19
Missed