Gladstone Commercial Corp expected to post a loss of 5 cents a share - Earnings Preview

Reuters
2024-11-02

* Gladstone Commercial Corp is expected to show a rise in quarterly revenue when it reports results on November 4 for the period ending September 30 2024

* The Mclean Virginia-based company is expected to report a 1.3% increase in revenue to $36.939 million from $36.46 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data. (Revenue Majority Basis is on Rental Income)

* ​LSEG's mean analyst estimate for Gladstone Commercial Corp is for a loss of 5 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Gladstone Commercial Corp is $16.00​, above​ its last closing price of $15.57. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Mar. 31 2024 0.33 0.33 0.36 Beat 8.9

Mar. 31 2024 0.33 0.33 0.34 Beat 1.7

Dec. 31 2023 0.34 0.34 0.36 Beat 5.1​

Sep. 30 2023 0.38 0.37 0.33 Missed -11.6

​​Jun. 0.36 0.36 0.41 Beat 13.9

30 2023

Mar. 31 2023 0.37 0.37 0.37 Met -0.8​

Dec. 31 2022 0.40 0.39 0.34 Missed -13.5

Jan. 1 0001 0.38 0.39 0.44 Beat 14

This summary was machine generated November 2 at 04:01 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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