Gladstone Commercial Corp reports results for the quarter ended December 31 - Earnings Summary

Gladstone Commercial

18/02/2025 23:16

* Gladstone Commercial Corp  GOOD.OQ  reported quarterly
adjusted
earnings of 9 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 3 cents.  The mean expectation of four analysts
for the quarter was for earnings of 8 cents per share. Wall
Street expected results to range from 4 cents to 18 cents per
share.
    * Revenue rose 4.1% to $37.38 million from a year ago;
analysts
expected $38.04 million. 
    * Gladstone Commercial Corp's reported EPS for the quarter
was 9
cents​.
    * The company reported quarterly net income of $3.97
million.
    * Gladstone Commercial Corp shares had fallen by 0.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the diversified
reits
peer group is also "buy"

Wall Street's median 12-month price target for Gladstone
Commercial Corp is $17.00 
This summary was machine generated from LSEG data February 18 at
11:16 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.35           0.35           Met
 Sep. 30 2024      0.35           0.38           Beat
 Jun. 30 2024      0.33           0.36           Beat
 Mar. 31 2024      0.33           0.34           Beat