Global Net Lease Reports Third Quarter 2019 Results

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Global Net Lease (GNL) Tops Q3 EPS by 1c

November 8, 2019 6:01 AM EST

Global Net Lease (NYSE: GNL) reported Q3 EPS of $0.08, $0.01 better than the analyst estimate of $0.07. Revenue for the quarter came in at $77.9 million versus the consensus estimate of $79.08 million.

Third Quarter 2019 Highlights

Revenue increased 8.4% to $77.9 million from $71.9 million in third quarter 2018Net income attributable to common stockholders was $6.9 million or $0.08 per share as compared to $0.2 million or less than $0.01 per share in third quarter 2018Core Funds from Operations ("Core FFO") was $38.6 million or $0.45 per share as compared... More