Gladstone Commercial Corp expected to post earnings of 2 cents a share - Earnings Preview

Gladstone Commercial

19/02/2024 22:37

* Gladstone Commercial Corp  GOOD.OQ   GOOD.O  is expected
to show
a fall in quarterly revenue when it reports  results on February
21 for the period ending December 31 2023
    * The Mclean Virginia-based  company is expected to report a
1.1% decrease in revenue to $36.799 million from $37.22 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. (evenue Majority Basis is on Rental Income)
    * ​LSEG's mean analyst estimate for Gladstone Commercial
Corp is
for earnings of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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 $12.70. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.38        0.37       0.33      Missed  -11.6
 Jun. 30 2023  0.36        0.36       0.41      Beat    13.9
 Mar. 31 2023  0.37        0.37       0.37      Met     -0.8​
 Dec. 31 2022  0.40        0.39       0.34      Missed  -13.5
 ​​Sep.        0.38        0.39       0.44      Beat    14
 30 2022                                                
 Jun. 30 2022  0.39        0.39       0.39      Met     -0.5​
 Mar. 31 2022  0.41        0.41       0.40      Missed  -2.9
 Dec. 31 2021  0.40        0.40       0.40      Met     -0.6
 This summary was machine generated February 19 at 22:37 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)