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Disappointing Q3 Report for Gladstone Comm Leads to Underperformance in the Market

Investing.com – Gladstone Comm (NASDAQ: )’s third quarter report fell short of analyst expectations. The report was released on Monday and the company reported revenues that fell short of expectations.

EPS reached $-0.04 while revenue was $36.46M. Market opinion polls from Investing.com indicated an expected earnings per share of $-0.03 and company profits of $38.85M. Also, in terms of the last quarter

During the year, Gladstone Comm shares traded down 32%, underperforming the Nasdaq which is up 29.16% over the current year.

Gladstone Comm stock is tracking Sector profits Real estate The other one is this the month

On the 17th, Prologis reported Q3 with quarterly EPS of $0.8 on revenue of $1.91B, compared to expectations for EPS of $0.6 on revenue of $1.72B.

American Tower Corp’s profits exceeded analysts’ expectations on the 26th, during the third quarter, with quarterly earnings per share of $1.26 and revenues of about $2.82B. Investing.com analysts also expected profits of $1.13 and revenues of $2.76B.

2023-11-07 04:08:00
#Gladstone #Comm #Earnings #Revenue #Expectations #Investing.com

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