Global Net Lease (GNL) Q3 FFO and Revenues Lag Estimates
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Global Net Lease (GNL) reported Q3 funds from operations (FFO) of $0.32 per share, missing the Zacks Consensus Estimate of $0.33 per share and down from $0.36 per share a year ago.
November 07, 2024 | 1:30 am
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Global Net Lease (GNL) reported Q3 FFO of $0.32 per share, missing estimates and showing a decline from last year.
The reported FFO of $0.32 per share is below the expected $0.33 and also lower than last year's $0.36, indicating a negative performance trend. This is likely to impact investor sentiment negatively, leading to a potential short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100