Global Net Lease Inc expected to post a loss of 19 cents a share - Earnings Preview

Global Net Lease

03/05/2024 23:13

* Global Net Lease Inc  GNL.N   GNL  is expected to show a
rise in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The New York City-based  company is expected to report a
119.4% increase in revenue to $206.982 million from $94.33
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Global Net Lease Inc is
for a
loss of 19 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 had fallen by
about 0.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Global Net
Lease
Inc is $11.00​, above​ its last closing price of $7.16. ​​​

This summary was machine generated May 3 at 22:13 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)