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

• Global Net Lease Inc GNL.N reported a quarterly adjusted loss of 8 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -26 cents. The mean expectation of two analysts for the quarter was for a loss of 10 cents per share. Wall Street expected results to range from -11 cents to -10 cents per share.

• Revenue fell 3.7% to $199.12 million from a year ago; analysts expected $194.21 million.

• Global Net Lease Inc's reported EPS for the quarter was a loss of 8 cents​.

• The company reported a quarterly loss of $17.46 million.

• Global Net Lease Inc shares had risen by 1.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen 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 "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "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 $9.00

This summary was machine generated from LSEG data February 27 at 10:00 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)