Gladstone Commercial Corp expected to post a loss of 5 cents a share - Earnings Preview

Gladstone Commercial

02/11/2024 04:02

* Gladstone Commercial Corp  GOOD.OQ   GOOD.O  is expected
to show
a rise in quarterly revenue when it reports  results on November
4 for the period ending September 30 2024
    * The Mclean Virginia-based  company is expected to report a
1.3% increase in revenue to $36.939 million from $36.46 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data. (Revenue Majority Basis is on Rental Income)
    * ​LSEG's mean analyst estimate for Gladstone Commercial
Corp is
for a loss of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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 $16.00​, above​ its last closing price
of $15.57. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.33        0.33       0.36      Beat    8.9
 Mar. 31 2024  0.33        0.33       0.34      Beat    1.7
 Dec. 31 2023  0.34        0.34       0.36      Beat    5.1​
 Sep. 30 2023  0.38        0.37       0.33      Missed  -11.6
 ​​Jun.        0.36        0.36       0.41      Beat    13.9
 30 2023                                                
 Mar. 31 2023  0.37        0.37       0.37      Met     -0.8​
 Dec. 31 2022  0.40        0.39       0.34      Missed  -13.5
 Jan. 1 0001   0.38        0.39       0.44      Beat    14
 This summary was machine generated November 2 at 04:01 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)