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GNL — Global Net Lease News Story

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Global Net Lease Inc reports results for the quarter ended March 31 - Earnings Summary

Global Net Lease Inc GNL.N reported a quarterly adjusted loss of 87 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -15 cents.  The mean expectation of four analysts for the quarter was for a loss of 12 cents per share. Wall Street expected results to range from -17 cents to -6 cents per share.

Revenue fell 35.7% to $132.42 million from a year ago; analysts expected $188.10 million.

Global Net Lease Inc's reported EPS for the quarter was a loss of 87 cents​.

The company reported a quarterly loss of $200.32 million.

Global Net Lease Inc shares had fallen by 6.3% this quarter and gained 3.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 5.7% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is also "hold"

Wall Street's median 12-month price target for Global Net Lease Inc is $8.50

This summary was machine generated from LSEG data May 8 at 05:40 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.290.29Met
Dec. 31 20240.310.34Beat
Sep. 30 20240.320.32Met
Jun. 30 20240.330.33Met

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