Gladstone Commercial Corp expected to post breakeven results a share - Earnings Preview

Gladstone Commercial

30/07/2022 02:52

* Gladstone Commercial Corp  GOOD.OQ   GOOD.O  is expected
to show
a rise in quarterly revenue when it reports  results on August
1. 
    * The Mclean Virginia-based  company is expected to report 
a
8.2% increase in revenue to $36.109 million from $33.37 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Gladstone
Commercial Corp
is for breakeven results per share. For the same quarter last
year, the company reported a loss of 8 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"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 $23​, above​ its last closing price
of $20.95. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.41        0.41       0.40      Missed  -2.9
 Dec. 31 2022  0.40        0.40       0.40      Met     -0.6
 Sep. 30 2021  0.38        0.39       0.39      Met     1.3​
 Jun. 30 2021  0.39        0.39       0.37      Missed  -5.5
 ​​Mar.        0.38        0.38       0.42      Beat    10
 31 2021                                                
 Dec. 31 2020  0.39        0.38       0.38      Met     -0.4​
 Sep. 30 2020  0.39        0.39       0.39      Met     -0.8
 Jun. 30 2020  0.40        0.40       0.41      Beat    1.5
 This summary was machine generated July 30 at 01:52 GMT.  All
figures in US dollars  unless otherwise stated