Global Medical REIT Announces Fourth Quarter and Year-End 2020 Financial Results

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Go back to Global Medical REIT Announces Fourth Quarter and Year-End 2020 Financial Results

Global Medical REIT (GMRE) Misses Q4 EPS by 2c, Revenues Miss

March 3, 2021 4:25 PM EST

Global Medical REIT (NYSE: GMRE) reported Q4 EPS of $0.02, $0.02 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $24.93 million versus the consensus estimate of $25.61 million.

Fourth Quarter 2020 Summary

Net income attributable to common stockholders was $1.1 million, or $0.02 per diluted share, as compared to $1.2 million, or $0.03 per diluted share, in the prior year period.Funds from Operations (FFO) of $0.22 per share and unit, as compared to $0.21 per share and unit in the prior year period.Adjusted Funds from Operations (AFFO) of $0.24 per share and unit, as... More