Global Net Lease Reports Fourth Quarter and Full Year 2018 Results

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Go back to Global Net Lease Reports Fourth Quarter and Full Year 2018 Results

Global Net Lease (GNL) Misses Q4 EPS by 15c, Revenues Miss

February 27, 2019 6:16 AM EST

Global Net Lease (NYSE: GNL) reported Q4 EPS of ($0.09), $0.15 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $71.2 million versus the consensus estimate of $73.1 million.

Revenue increased 6.9% to $71.2 million from $66.6 million in fourth quarter 2017Net loss attributable to common stockholders was $6.7 million and net loss attributable to common stockholders per share was $0.09Core Funds from Operations ("Core FFO") increased 8.3% on a year-over-year basis to $36.9 million or $0.50 per... More