Global Net Lease Inc expected to post a loss of 2 cents a share - Earnings Preview

Global Net Lease

08/05/2023 17:32

* Global Net Lease Inc  GNL.N   GNL  is expected to show a
fall in
quarterly revenue when it reports  results on May 10. 
    * The New York City-based  company is expected to report  a
2.4% decrease in revenue to $94.818 million from $97.13 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Global Net Lease
Inc is
for a loss of 2 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"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 $16.5​, above​ its last closing price of $11.34. ​​​

This summary was machine generated May 8 at 16:32 GMT.  All
figures in US dollars  unless otherwise stated