Gladstone Commercial Corp reports results for the quarter ended in June - Earnings Summary

Gladstone Commercial

09/08/2023 24:54

* Gladstone Commercial Corp  GOOD.OQ  reported a quarterly
adjusted loss of 19 cents​​ per share for the quarter ended in
June. The mean expectation of two analysts for the quarter was
for a loss of 2 cents per share.
    * Revenue rose 6.2% to $38.66 million from a year ago;
analysts
expected $36.97 million. 
    * Gladstone Commercial Corp's reported EPS for the quarter
was a
loss of 19 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Gladstone Commercial Corp shares had risen by 8.8% this
quarter and lost 27.2% so far this year.
    * The company reported a quarterly loss of $7.69 million.
    * Wall Street's median 12-month price target for Gladstone
Commercial Corp is $14.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 11:54 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.36           0.41           Beat
 Mar. 31 2023      0.37           0.37           Met
 Dec. 31 2022      0.39           0.34           Missed
 Sep. 30 2022      0.39           0.44           Beat