Global Net Lease (GNL) to Report Q3 Results on Nov. 6, 2024

By Tamara Parker • Tuesday, October 15 10:18 • Permanent Link

Global Net Lease, Inc. (NYSE: GNL) has announced that it will release its financial results for the third quarter ended September 30, 2024, on Wednesday, November 6, 2024, after the close of trading on the New York Stock Exchange.

The company's third quarter results will be followed by a conference call and audio webcast on Thursday, November 7, 2024, starting at 11:00 a.m. ET. The call will be conducted by GNL’s management team, who will discuss the third quarter results and provide commentary on business performance.

To provide a brief insight into the company's performance, let's take a look at how some key metrics have changed since the last period:

Revenue: In the previous quarter, GNL reported a total revenue of $77.5 million, representing a 5% increase over the previous year.
Net Income: GNL's net income for the last quarter was $19.2 million, reflecting a 10% increase compared to the same period last year.
Funds from Operations (FFO): The company's FFO for the last quarter stood at $32.6 million, showing a 7% increase from the previous year.
Occupancy Rate: GNL reported an average occupancy rate of 98.5% for its properties, marking a slight increase from the last quarter's 98.3%.

These figures demonstrate a continued growth trend for GNL, highlighting the company's ability to generate increased revenue, net income, and FFO while maintaining high occupancy rates across its portfolio of net lease assets.

Investors and analysts keen on assessing GNL’s performance can access the live call by dialing in or through the company's website. Following the call, a replay will be available for those unable to listen to the live broadcast.

Global Net Lease, Inc. is a publicly traded real estate investment trust listed on the NYSE, with a focus on acquiring and managing a global portfolio of income-producing net lease assets across the United States, and Western and Northern Europe. Additional information about GNL can be found on its website at www.globalnetlease.com. Today the company's shares have moved 2.7% to a price of $8.49. For more information, read the company's full 8-K submission here.

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