A Sneak Peek At Gladstone Commercial Corporation (NASDAQ:GOOD) 2Q20 Earnings

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Gladstone Commercial Corporation (NASDAQ:GOOD) is expected to report second quarter earnings results, after market close, on Monday 27th July 2020.

Analysts polled by Thomson Reuters anticipate second quarter revenue of $ 33.66 million.

Looking ahead, the full year loss are expected at $ 0.07 per share on the revenues of $ 133.30 million.

Previous Quarter Performance

Gladstone Commercial Corporation unveiled income for the first quarter of $ 0.40 per share, from the revenue of $ 33.62 million. The quarterly earnings extended 566.67 percent while revenues elevated 22.93 percent compared with the same quarter last year. Wall street analysts are predicting revenue of $ 30.13 million The top line results outshined analysts by $ 3.49 million or 11.58 percent.

Historical Earnings Performance
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Stock Performance

According to the previous trading day, closing price of GOOD was $ 18.18, representing a 139.53 % increase from the 52 week low of $ 7.59 and a 24.19 % decrease over the 52 week high of $ 23.98.

The company has a market capital of $ 631.17 million and is part of the Real Estate sector and REIT – Diversified industry.

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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.