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Global Medical REIT (GMRE) Earnings Date, Estimates & Call Transcripts

Global Medical REIT logo
$8.64 -0.04 (-0.46%)
(As of 11/20/2024 ET)

Global Medical REIT Latest Earnings Summary

Upcoming Q4
Earnings Date
Feb. 25Estimated
Actual EPS
(Nov. 6)
$0.03 Missed By -$0.18
Consensus EPS
(Nov. 6)
$0.21

Global Medical REIT posted Q3 2024 earnings on November 6, 2024, reporting an EPS of $0.03, which missed the consensus estimate of $0.21 by $0.18. Quarterly revenue was reported to be $34.26 million, below analysts' expectations of $34.88 million. With a trailing EPS of -$0.02, Global Medical REIT's earnings are expected to grow 6.02% next year, from $0.83 to $0.88 per share.

GMRE Upcoming Earnings

Global Medical REIT's next earnings date is estimated for Tuesday, February 25, 2025, based off prior year's reporting schedules.

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GMRE Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

GMRE Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Global Medical REIT Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$0.21$0.23$0.22 
Q2 20242$0.21$0.24$0.23 
Q3 20242$0.21$0.24$0.23 
Q4 20242$0.21$0.25$0.23 
FY 20248$0.84$0.96 $0.90

Global Medical REIT Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
2/25/2025
(Estimated)
------- 
11/6/2024Q3 2024$0.21$0.03 -$0.18$0.03$34.88M$34.26M        
8/6/2024Q2 2024$0.20-$0.05 -$0.25-$0.05$35.24M$34.24M        
5/3/2023Q1 2023$0.23$0.01 -$0.22$0.01$36.41M$36.23M      
2/28/2023Q4 2022$0.23$0.01 -$0.22$0.01$36.11M$36.31M      

Global Medical REIT Earnings - Frequently Asked Questions

Global Medical REIT has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, February 25th, 2025 based off last year's report dates. Learn more on GMRE's earnings history.

In the previous quarter, Global Medical REIT (NYSE:GMRE) missed the analysts' consensus estimate of $0.21 by $0.18 with a reported earnings per share (EPS) of $0.03. Learn more on analysts' earnings estimate vs. GMRE's actual earnings.

The conference call for Global Medical REIT's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Global Medical REIT's latest earnings report can be read online.
Read Transcript

Global Medical REIT (NYSE:GMRE) has a recorded annual revenue of $141.05 million.

Global Medical REIT (NYSE:GMRE) has a recorded net income of $20.61 million. GMRE has generated -$0.02 earnings per share over the last four quarters.

Global Medical REIT (NYSE:GMRE) has a forward price-to-earnings ratio of 10.40. The price/earnings-to-growth ratio is 1.49.

Global Medical REIT's earnings are expected to grow from $0.83 per share to $0.88 per share in the next year, which is a 6.02% increase.

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This page (NYSE:GMRE) was last updated on 11/21/2024 by MarketBeat.com Staff
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