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

Gladstone Commercial

03/08/2024 01:33

* Gladstone Commercial Corp  GOOD.OQ   GOOD.O  is expected
to show
a fall in quarterly revenue when it reports  results on August 6
for the period ending June 30 2024
    * The Mclean Virginia-based  company is expected to report a
7.4% decrease in revenue to $35.807 million from $38.66 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. (Revenue Majority Basis is on Rental Income)
    * ​LSEG's mean analyst estimate for Gladstone Commercial
Corp is
for earnings 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 $15.25​, above​ its last closing price
of $14.67. ​​​

This summary was machine generated August 3 at 00:33 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)