Global Medical REIT Inc. (NYSE:GMRE) acquirer of healthcare providers core real estate assets, is reporting third quarter earnings results on Wednesday 4th November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.12 per share from $ 22.68 million in revenue.
For the full year, analysts predict revenues of $ 90.22 million, while looking forward to loss of $ 0.04 per share.
Previous Quarter Performance
Global Medical REIT Inc. announced income for the second quarter of $ 0.19 per share, from the revenue of $ 22.04 million. Wall street analysts are predicting, GMRE to report 2Q20 income of $ 0.03 per share from revenue of $ 21.90 million. The top line results outshined analysts by $ 0.14 million or 0.64 percent.
Stock Performance
Shares of Global Medical REIT Inc. traded up $ 0.58 or 4.57 percent on Tuesday, reaching $ 13.27 with volume of 161.30 thousand shares. Global Medical REIT Inc. has traded high as $ 13.36 and has cracked $ 12.80 on the downward trend
According to the previous trading day, closing price of $ 13.27, representing a 81.81 % increase from the 52 week low of $ 6.98 and a 20.44 % decrease over the 52 week high of $ 15.95.
