GOOD Earnings Prediction
The chart below shows how GOOD performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GOOD sees a -0.53% change in stock price 10 days leading up to the earnings, and a +0.55% change 10 days following the report. On the earnings day itself, the stock moves by +0.31%. This data can give you a slight idea of what to expect for the next quarter's release.
GOOD Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
39.23M
7.60%
5.88%
Gross Margin
70.16%
4.22%
8.17%
Operating Margin
38.84%
3.91%
29.86%
Net Margin
29.87%
508.35%
591.44%
EPS
0.20
600.00%
-600.00%
No Data Available
GOOD Earnings Analysis
Gladstone Commercial Corporation - REIT Corporation (GOOD.O) Earnings Conference Call
Positive
Industrial Facility Acquisition: During the third quarter, we acquired one industrial facility in Midland, Texas for about $10 million.
Property Sale Gains: We sold two non-core properties in Georgia resulting in more than $10.3 million in gain on sale.
Leasing Success Overview: We successfully leased or extended more than 242,000 square feet across five assets for a weighted average of 7.2 years.
Strong Revenue Performance: Our operating revenues for the third quarter totaled $39.2 million with operating expenses of $28.5 million, reflecting a strong performance compared to the previous year.
Dividend Distribution Yield: Our common stock dividend is $0.30 per share per quarter or $1.20 per year, with a distribution yield on our stock at 7.5%.
Negative
FFO Per Share Stability: FFO and core FFO per share available to common stockholders were both $0.38 per share for the quarter.
FFO Per Share Analysis: FFO and core FFO available to common stockholders during the third quarter of 2023 were $0.33 per share and $0.34 per share, respectively.
FFO and Core FFO Analysis: FFO and core FFO for the nine months ended September 30 were $1.07 per share and $1.08 per share, respectively.
FFO and Core FFO: FFO and core FFO for the same period in 2023 were $1.10 per share and $1.11 per share, respectively.
Quarterly Revenue Comparison: Our third quarter results reflected total operating revenues of $39.2 million with operating expenses of $28.5 million as compared to operating revenues of $36.5 million and operating expenses of $29.6 million for the same period in 2023.
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GOOD Earning Call Sentiment
Gladstone Commercial Corporation (GOOD) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
GOOD.O
-0.61%Positive
The earnings call summary reveals strong financial performance, with FFO and core FFO per share increasing year-over-year, improved operating revenues, and decreased operating expenses. The company's liquidity position is solid, and the acquisition of a high-yield industrial asset is promising. Despite some unclear responses in the Q&A section, the overall sentiment is positive, particularly due to the strong occupancy rate and gains from asset sales. The dividend yield remains attractive, and there's no indication of negative trends that could outweigh these positives.