Global Medical REIT Announces First Quarter 2020 Financial Results

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Global Medical REIT (GMRE) Misses Q1 EPS by 1c

May 6, 2020 5:26 PM EDT

Global Medical REIT (NYSE: GMRE) reported Q1 EPS of $0.03, $0.01 worse than the analyst estimate of $0.04.

Net income attributable to common stockholders was $1.3 million, or $0.03 per diluted share, as compared to $528,000, or $0.02 per diluted share, in the prior year period.Funds from Operations (FFO) of $0.19 per share and unit, as compared to $0.17 per share and unit in the comparable prior year period.Adjusted Funds from Operations (AFFO) of $0.20 per share and unit, as compared to $0.17 per share and unit in the comparable prior year... More