Gladstone Commercial Corp expected to post a loss of 1 cent a share - Earnings Preview

Gladstone Commercial

04/05/2024 03:07

* Gladstone Commercial Corp  GOOD.OQ   GOOD.O  is expected
to show
a fall in quarterly revenue when it reports  results on May 6
for the period ending March 31 2024
    * The Mclean Virginia-based  company is expected to report a
0.7% decrease in revenue to $36.292 million from $36.55 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Gladstone Commercial
Corp is
for a loss of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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 Gladstone
Commercial Corp is $14.00​, above​ its last closing price
of $13.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.34        0.34       0.36      Beat    5.1
 Jan. 1 0001   0.38        0.37       0.33      Missed  -11.6
 Jan. 1 0001   0.36        0.36       0.41      Beat    13.9​
 Mar. 31 2023  0.37        0.37       0.37      Met     -0.8
 ​​Dec.        0.40        0.39       0.34      Missed  -13.5
 31 2022                                                
 Sep. 30 2022  0.38        0.39       0.44      Beat    14​
 Jun. 30 2022  0.39        0.39       0.39      Met     -0.5
 Mar. 31 2022  0.41        0.41       0.40      Missed  -2.9
 This summary was machine generated May 4 at 02:06 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)