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Global Net Lease (NYSE:GNL) will be releasing its next round of earnings this Wednesday, August 7. For all of the relevant information, here is your guide for Wednesday's Q2 earnings announcement.
Earnings and Revenue
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Global Net Lease EPS will likely be near 4 cents while revenue will be around $76.77 million, according to analysts.
In the same quarter last year, Global Net Lease posted EPS of 61 cents on sales of $65.56 million. If the company were to match the consensus estimate when it reports Wednesday, EPS would have fallen 93.44%. Revenue would be up 17.10% on a year-over-year basis. Global Net Lease's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | 0.060 | |||
| EPS Actual | 0.440 | 0.5 | 0.54 | 0.61 |
Stock Performance
Over the last 52-week period, shares are down 9.82%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release. Over the past 90 days, analysts have adjusted their estimates lower for EPS and revenues. The average rating by analysts on Global Net Lease stock is a Neutral. The strength of this rating has risen over the past 90 days.
Conference Call
Global Net Lease is scheduled to hold a conference call at 11:00 a.m. ET and it can be accessed here: https://services.choruscall.com/links/gnl190807.html
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.