Stonegate Capital Partners Updates 4Q24 Report on Gladstone Commercial Corp. (GOOD)
Gladstone Commercial (NASDAQ: GOOD) reported its fourth quarter 2024 financial results. The company achieved revenue of $37.4 million, slightly below consensus estimates of $38.0 million. Core FFO per share was $0.35, compared to $0.38 in Q3 2024, with the decrease primarily attributed to a property settlement.
The company demonstrated strong operational performance with 98.7% occupancy levels and achieved 100% rent collection year-to-date. Notably, GOOD's liquidity position improved significantly, showing a 57.1% year-over-year increase.
Gladstone Commercial (NASDAQ: GOOD) ha riportato i risultati finanziari del quarto trimestre 2024. L'azienda ha registrato ricavi pari a 37,4 milioni di dollari, leggermente al di sotto delle stime di consenso di 38,0 milioni di dollari. L'FFO core per azione è stato di 0,35 dollari, rispetto a 0,38 dollari nel terzo trimestre 2024, con la diminuzione attribuita principalmente a un accordo patrimoniale.
L'azienda ha dimostrato una forte performance operativa con livelli di occupazione del 98,7% e ha raggiunto un 100% di incasso degli affitti da inizio anno. È degno di nota che la posizione di liquidità di GOOD è migliorata significativamente, mostrando un aumento del 57,1% anno su anno.
Gladstone Commercial (NASDAQ: GOOD) informó sus resultados financieros del cuarto trimestre de 2024. La compañía logró ingresos de 37,4 millones de dólares, ligeramente por debajo de las estimaciones de consenso de 38,0 millones de dólares. El FFO básico por acción fue de 0,35 dólares, en comparación con 0,38 dólares en el tercer trimestre de 2024, siendo la disminución atribuida principalmente a un acuerdo de propiedad.
La compañía demostró un fuerte desempeño operativo con niveles de ocupación del 98,7% y logró un 100% de recaudación de alquileres hasta la fecha. Es notable que la posición de liquidez de GOOD mejoró significativamente, mostrando un aumento del 57,1% interanual.
글래드스톤 상업 (NASDAQ: GOOD)은 2024년 4분기 재무 결과를 발표했습니다. 회사는 3740만 달러의 매출을 기록했으며, 이는 컨센서스 추정치인 3800만 달러보다 약간 낮습니다. 주당 기본 FFO는 0.35달러로, 2024년 3분기의 0.38달러와 비교되며, 감소는 주로 자산 정산에 기인합니다.
회사는 98.7%의 점유율로 강력한 운영 성과를 보여주었고, 연초부터 100%의 임대 수입을 달성했습니다. 특히, GOOD의 유동성 위치는 크게 개선되어 전년 대비 57.1%의 증가를 보였습니다.
Gladstone Commercial (NASDAQ: GOOD) a annoncé ses résultats financiers pour le quatrième trimestre 2024. La société a réalisé un chiffre d'affaires de 37,4 millions de dollars, légèrement en dessous des estimations consensuelles de 38,0 millions de dollars. Le FFO de base par action était de 0,35 dollar, contre 0,38 dollar au troisième trimestre 2024, la diminution étant principalement attribuée à un règlement immobilier.
L'entreprise a démontré une forte performance opérationnelle avec un taux d'occupation de 98,7% et a atteint un 100% de recouvrement des loyers depuis le début de l'année. Notamment, la position de liquidité de GOOD s'est considérablement améliorée, affichant une augmentation de 57,1% par rapport à l'année précédente.
Gladstone Commercial (NASDAQ: GOOD) hat seine Finanzberichte für das vierte Quartal 2024 veröffentlicht. Das Unternehmen erzielte Einnahmen von 37,4 Millionen Dollar, was leicht unter den Konsensschätzungen von 38,0 Millionen Dollar liegt. Der Kern-FFO pro Aktie betrug 0,35 Dollar, verglichen mit 0,38 Dollar im dritten Quartal 2024, wobei der Rückgang hauptsächlich auf eine Immobilienregelung zurückzuführen ist.
Das Unternehmen zeigte eine starke operative Leistung mit 98,7% Belegungsquote und erzielte bis heute eine 100%ige Mietinkassoquote. Bemerkenswert ist, dass sich die Liquiditätslage von GOOD erheblich verbessert hat, mit einem 57,1%igen Anstieg im Jahresvergleich.
- 98.7% occupancy rate maintained
- 100% rent collection rate YTD
- 57.1% year-over-year increase in liquidity position
- Core FFO declined from $0.38 in Q3 2024 to $0.35 in Q4 2024
- Revenue of $37.4M missed consensus estimates of $38.0M
Insights
The Q4 2024 results for Gladstone Commercial reveal several key insights for REIT investors. The
The spread between FFO (
The
The sequential decline in Core FFO from
Dallas, Texas--(Newsfile Corp. - February 20, 2025) - Gladstone Commercial Corporation.(NASDAQ: GOOD): Stonegate Capital Partners Updates Coverage on Gladstone Commercial Corp. (NASDAQ: GOOD). GOOD reported revenue, FFO per share, and AFFO per share of
To view the full announcement, including downloadable images, bios, and more, click here.
Key Takeaways:
- Liquidity position increased
57.1% y/y. - Fundamentals remain strong with
98.7% occupancy levels. 100% of rents collected in YTD.
Click image above to view full announcement.
About Stonegate
Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking services for public and private companies.
Contacts:
Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com
Source: Stonegate, Inc.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241631
FAQ
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