Gladstone Commercial (GOOD) Registers a Bigger Fall Than the Market: Important Facts to Note

Core Viewpoint - Gladstone Commercial (GOOD) is set to release its earnings report on November 4, 2024, with projected earnings per share (EPS) of $0.35, reflecting a 2.94% increase year-over-year, and quarterly revenue expected to be $36.66 million, up 0.55% from the previous year [1] Group 1: Earnings and Revenue Estimates - For the full year, earnings are projected at $1.40 per share and revenue at $146.31 million, showing declines of -4.76% and -0.86% respectively from the previous year [2] - The Zacks Consensus EPS estimate has increased by 1.08% over the past month [3] Group 2: Stock Performance and Valuation - Gladstone Commercial's stock closed at $16.40, down -0.61% from the previous session, while the S&P 500 saw a minimal loss of 0.02% [1] - The stock has gained 2.17% over the past month, outperforming the Finance sector's decline of -3.12% but underperforming the S&P 500's gain of 3.77% [1] - The company has a Forward P/E ratio of 11.79, which is lower than the industry's average Forward P/E of 12.95 [3] - The PEG ratio for GOOD is 1.96, compared to the industry average of 2.58 [3] Group 3: Industry Ranking - The REIT and Equity Trust - Other industry, which includes Gladstone Commercial, has a Zacks Industry Rank of 100, placing it in the top 40% of over 250 industries [3]