Global Net Lease Reports First Quarter 2019 Results

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Go back to Global Net Lease Reports First Quarter 2019 Results

Global Net Lease (GNL) Tops Q1 EPS by 1c, Revenues Beat

May 9, 2019 6:25 AM EDT

Global Net Lease (NYSE: GNL) reported Q1 EPS of $0.07, $0.01 better than the analyst estimate of $0.06. Revenue for the quarter came in at $75.5 million versus the consensus estimate of $75.08 million.

Revenue increased 10.8% to $75.5 million from $68.1 million in first quarter 2018Net income attributable to common stockholders was $5.8 million or $0.07 per share as compared to $2.4 million or $0.03 per share in first quarter 2018Core Funds from Operations ("Core FFO") increased 10.2% on a year-over-year basis to $36.5 million or $0.44 per shareAdjusted Funds from Operations... More