What Is In The Store For Global Net Lease ($GNL) Q3 2024 Earnings?

9

On Wednesday 6th November 2024, Global Net Lease (NYSE: GNL) will be releasing its third quarter financial results. This much awaited announcement will be made after market close.

Based on the predictions of financial experts on Wall Street, the establishment is expected to reveal an anticipated $0.32 profit per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $203.29 million for the quarter.

Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $810.31 million. At the same time, the earnings per share for the company are also anticipated to reach loss of $0.12 during the fiscal year.

In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of income of $0.24. This was credited to the company's total revenue, which reached an impressive $118.17 million in that particular timeframe.

 

The business has scheduled a conference call on 7th November 2024 at 11:00 AM eastern time to discuss Q3 financial results.

Throughout Friday's trading, Global Net Lease (GNL) shares fluctuated between $7.62 and $7.95, with a trading volume of 1.31 million shares. The stock ended the regular trading session at $7.63, reflecting fall of 2.05 percent.