Global Net Lease Reports Fourth Quarter And Full Year 2019 Results
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Global Net Lease (GNL) Tops Q4 EPS by 6c, Revenues Miss
February 26, 2020 6:17 AM ESTGlobal Net Lease (NYSE: GNL) reported Q4 EPS of $0.10, $0.06 better than the analyst estimate of $0.04. Revenue for the quarter came in at $76.7 million versus the consensus estimate of $79.82 million.
Fourth Quarter 2019 Highlights
Revenue from tenants increased 7.7% to $76.7 million from $71.2 million in fourth quarter 2018Net income attributable to common stockholders was $9.3 million, or $0.10 per diluted share, as compared to a loss of $6.7 million, or ($0.09) per diluted share in fourth quarter 2018Core FFO decreased 13.2% to $32.1 million, or $0.35 per diluted shareCash NOI increased by 12.0%... More