Global Net Lease Reports Second Quarter 2019 Results

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Go back to Global Net Lease Reports Second Quarter 2019 Results

Global Net Lease (GNL) Tops Q2 EPS by 11c

August 7, 2019 6:19 AM EDT

Global Net Lease (NYSE: GNL) reported Q2 EPS of $0.15, $0.11 better than the analyst estimate of $0.04. Revenue for the quarter came in at $76.1 million versus the consensus estimate of $76.77 million.

Second Quarter 2019 Highlights

Revenue increased 7.3% to $76.1 million from $71.0 million in second quarter 2018Net income attributable to common stockholders was $12.6 million or $0.15 per share as compared to $5.3 million or $0.08 per share in second quarter 2018Core Funds from Operations ("Core FFO") was $38.4 million or $0.45 per share... More