Gladstone mercial (US:GOOD) ZACKSยท2024-09-23 23:21Company Performance - Gladstone Commercial (GOOD) closed at $15.90, reflecting a +0.7% increase compared to the previous day, outperforming the S&P 500's gain of 0.28% [1] - Over the past month, shares of Gladstone Commercial have appreciated by 6.98%, surpassing the Finance sector's gain of 3.08% and the S&P 500's gain of 2% [1] Earnings Expectations - Analysts expect Gladstone Commercial to report earnings of $0.35 per share, indicating a year-over-year growth of 2.94% [2] - The consensus estimate for quarterly revenue is $35.95 million, which represents a decline of 1.4% from the previous year [2] Full Year Projections - For the full year, earnings are projected at $1.39 per share and revenue at $144.14 million, reflecting changes of -5.44% and -2.33% respectively from the prior year [3] Analyst Estimates - Recent changes in analyst estimates for Gladstone Commercial are crucial as they often indicate shifts in near-term business trends [4] - Upward revisions in estimates suggest analysts' positive outlook on the company's operations and profit generation capabilities [4] Valuation Metrics - Gladstone Commercial is currently trading with a Forward P/E ratio of 11.4, which is below the industry's average Forward P/E of 13.16 [7] - The company has a PEG ratio of 1.9, compared to the industry average PEG ratio of 2.41 [7] Industry Context - The REIT and Equity Trust - Other industry, part of the Finance sector, holds a Zacks Industry Rank of 82, placing it in the top 33% of over 250 industries [8] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating a favorable environment for Gladstone Commercial [8]