The third quarter financial results of Global Medical REIT (NYSE: GMRE) will be revealed on Wednesday 6th November 2024. This eagerly awaited announcement is slated to occur after market close, enabling investors and market participants to gain valuable insights into the company's financial performance.
It is anticipated by financial experts on Wall Street that the concern is set to announce an estimated $0.02 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $34.64 million for this period.
When looking back at the corresponding quarter from the previous year, the company's earnings report showcased a per-share income of $0.23. This was attributed to the company's total revenue, which amounted to an impressive $35.49 million during that same period.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $139.42 million.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.22 | -4.3% | 34.21 M | -5.8% |
| Q1 2024 | $0.23 | 0% | 35.07 M | -3.1% |
| Q4 2023 | $0.23 | -4.2% | 32.93 M | -9.3% |
| Q3 2023 | $0.23 | -8.0% | 35.49 M | +0.4% |
| Q2 2023 | $0.23 | -8.0% | 36.32 M | +7.8% |
| *Growth on year-over-year basis | ||||
GMRE has scheduled a conference call on 7th November 2024 at 09:00 AM eastern time to discuss the third quarter financial results and other related information.
During Friday's trading, Global Medical REIT (GMRE) shares reached a low of $8.94 and a high of $9.17, along with a total volume of 227.50 thousand shares. The stock ended the regular trading session at $8.98, showing decline of 1.21 percent.
