Gladstone Commercial Corporation (NASDAQ:GOOD) is expected to report third quarter earnings results, after market close, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter revenue of $ 33.47 million.
Looking ahead, the full year loss are expected at $ 0.08 per share on the revenues of $ 133.81 million.
Previous Quarter Performance
Gladstone Commercial Corporation unfold income for the second quarter of $ 0.41 per share, from the revenue of $ 33.52 million. The quarterly revenues grew 18.87 percent compared with the same quarter last year. Wall street analysts are predicting revenue of $ 33.66 million The top line results fell short of analysts by $ 0.14 million or 0.42 percent.
Stock Performance
Shares of Gladstone Commercial Corporation traded low $ -0.33 or -2.00 percent on Wednesday, reaching $ 16.21 with volume of 120.60 thousand shares. Gladstone Commercial Corporation has traded high as $ 16.60 and has cracked $ 16.12 on the downward trend
The closing price of $ 16.21, representing a 117.92 % increase from the 52 week low of $ 7.59 and a 29.74 % decrease over the 52 week high of $ 23.54.
The company has a market capital of $ 564.54 million and is part of the Real Estate sector and REIT – Diversified industry.
Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States. Including payments through July 2019, Gladstone Commercial has paid 175 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, Gladstone Commercial paid five consecutive quarterly cash distributions.
