Global Net Lease Inc reports results for the quarter ended September 30 - Earnings Summary
Global Net Lease Inc reports results for the quarter ended September 30 - Earnings Summary
Global Net Lease Inc GNL.N reported a quarterly adjusted loss of 31 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -32 cents. The mean expectation of three analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from -5 cents to 5 cents per share.
Revenue fell 6.7% to $112.87 million from a year ago; analysts expected $112.90 million.
Global Net Lease Inc's reported EPS for the quarter was a loss of 31 cents.
The company reported a quarterly loss of $67.13 million.
Global Net Lease Inc shares had fallen by 14.2% this quarter and lost 17.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.4% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is also "buy"
Wall Street's median 12-month price target for Global Net Lease Inc is $9.50, about 25.4% above its last closing price of $7.09
This summary was machine generated from LSEG data November 5 at 08:00 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2026 | 0.21 | 0.22 | Beat |
Jun. 30 2026 | 0.21 | 0.22 | Beat |
Mar. 31 2026 | 0.19 | 0.21 | Beat |
Dec. 31 2025 | 0.21 | 0.22 | Beat |
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