Global Net Lease (GNL) Reports Q4 EPS of $0.09 on Revenues of $66.6M

Note: EPS may not be comparable

Global Net Lease (NYSE: GNL) reported Q4 EPS of $0.09. Revenue for the quarter came in at $66.6 million, versus $0 reported last year.

Fourth Quarter 2017 Highlights

• Revenue of $66.6 million up 26% over fourth quarter 2016 revenue of $52.8 million
• Net income attributable to common stockholders was $6.0 million
• Adjusted Funds from Operations (\"AFFO\") improved 20% to $35.2 million versus $29.3 million in fourth quarter 2016
• Acquired seven industrial/distribution properties and one office property for approximately $61.0 million
• Subsequent to quarter\'s end, the Company closed an $18.6 million acquisition of a distribution property and signed six definitive agreements to acquire $274 million of primarily net lease industrial and distribution properties, all located in the United States

For earnings history and earnings-related data on Global Net Lease (GNL) click here.

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