Global Net Lease (GNL) Q3 FFO Top Estimates

Global Net Lease (GNL) came out with quarterly funds from operations (FFO) of $0.24 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to FFO of $0.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +14.29%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.2 per share when it actually produced FFO of $0.24, delivering a surprise of +20%.Over the last four quar ...