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

Gladstone Commercial

03/05/2023 22:46

* Gladstone Commercial Corp  GOOD.OQ  reported a quarterly
adjusted loss of 2 cents​​ per share for the quarter ended in
March. The mean expectation of three analysts for the quarter
was for a loss of 2 cents per share.
    * Revenue rose 2.9% to $36.55 million from a year ago;
analysts
expected $37.51 million. 
    * Gladstone Commercial Corp's reported EPS for the quarter
was a
loss of 2 cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.2%
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 fallen by 7.2% this
quarter and lost 36.6% so far this year.
    * The company reported a quarterly loss of $729 thousand.
    * Wall Street's median 12-month price target for Gladstone
Commercial Corp is $17.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
3 at 09:45 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.37           0.37           Met
 Dec. 31 2022      0.39           0.34           Missed
 Sep. 30 2022      0.39           0.44           Beat
 Jun. 30 2022      0.39           0.39           Met