Gladstone Commercial Q3 EPS $0.34 Down From $0.44 YoY, Sales $36.46M Miss $38.83M Estimate
Portfolio Pulse from mahesh@benzinga.com
Gladstone Commercial (NASDAQ:GOOD) reported Q3 earnings of $0.34 per share, a 22.73% decrease YoY. Quarterly sales were $36.46M, missing the analyst consensus estimate of $38.83M by 6.09%, and marking an 8.46% decrease YoY.
November 06, 2023 | 10:07 pm
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Gladstone Commercial's Q3 earnings and sales have decreased YoY and missed analyst estimates, which could negatively impact the stock price.
Gladstone Commercial's Q3 earnings and sales have both decreased compared to the same period last year and missed analyst estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100