Global Net Lease Inc expected to post a loss of 16 cents a share - Earnings Preview

Global Net Lease

04/11/2024 22:51

* Global Net Lease Inc  GNL.N   GNL  is expected to show a
rise in
quarterly revenue when it reports  results on November 6 for the
period ending January 1 0001
    * The New York City-based  company is expected to report a
69.9% increase in revenue to $200.801 million from $118.17
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. (Sales Majority basis is on Total
operating Revenue/Total Revenue)
    * ​LSEG's mean analyst estimate for Global Net Lease Inc is
for a
loss of 16 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and 1 "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 Global Net
Lease
Inc is $10.00​, above​ its last closing price of $7.66. ​​​

This summary was machine generated November 4 at 22:51 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)