Group 1 - Hotel REITs are facing rapidly changing circumstances but still present investment opportunities, particularly in preferred equity [1] - The investment group European Small Cap Ideas focuses on high-quality small-cap investment opportunities in Europe, emphasizing capital gains and dividend income [1] - The group offers two model portfolios: the European Small Cap Ideas portfolio and the European REIT Portfolio, along with weekly updates and educational content [1] Group 2 - The article expresses the author's personal opinions and indicates a beneficial long position in RLJ.PR.A shares [1]

Financial Performance - Global Net Lease (GNL) reported quarterly funds from operations (FFO) of $0.24 per share, exceeding the Zacks Consensus Estimate of $0.20 per share, but down from $0.33 per share a year ago, indicating a FFO surprise of +20.00% [1] - The company posted revenues of $124.91 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 18.37%, compared to $203.29 million in revenues from the same quarter last year [2] - Over the last four quarters, GNL has surpassed consensus FFO estimates three times, but has only topped consensus revenue estimates once [2] Stock Performance - GNL shares have declined approximately 5.9% since the beginning of the year, while the S&P 500 has gained 7.1% [3] - The current consensus FFO estimate for the upcoming quarter is $0.22 on revenues of $138.07 million, and for the current fiscal year, it is $0.87 on revenues of $614.37 million [7] Industry Outlook - The REIT and Equity Trust - Other industry, to which GNL belongs, is currently ranked in the top 40% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - The performance of GNL's stock may be influenced by the overall industry outlook, as empirical research indicates a strong correlation between near-term stock movements and trends in estimate revisions [5][8]

Core Viewpoint - Global Medical REIT (GMRE) reported quarterly funds from operations (FFO) of $0.23 per share, matching the Zacks Consensus Estimate and showing a year-over-year increase from $0.22 per share [1] Financial Performance - The company posted revenues of $37.97 million for the quarter ended June 2025, exceeding the Zacks Consensus Estimate by 6.48% and up from $34.24 million a year ago [2] - Over the last four quarters, GMRE has only surpassed consensus revenue estimates once [2] Stock Performance - GMRE shares have declined approximately 13.3% since the beginning of the year, contrasting with the S&P 500's gain of 7.6% [3] - The stock's immediate price movement will largely depend on management's commentary during the earnings call [3] Future Outlook - The current consensus FFO estimate for the upcoming quarter is $0.23 on revenues of $36.18 million, and for the current fiscal year, it is $0.91 on revenues of $143.05 million [7] - The estimate revisions trend for GMRE was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The REIT and Equity Trust - Other industry is currently in the top 40% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8]

Core Insights - Pearl Gray is a proprietary investment fund and independent market research firm specializing in systematic analysis, focusing primarily on Bonds, Investment Funds, and REITs, with a primary emphasis on the Financials and Real Estate sectors [1] Group 1 - The mission of Pearl Gray is to discover actionable total return ideas that integrate rigorous academic theories, practical experience, and common sense [1] - The firm emphasizes that its published content is independent analysis and does not constitute financial advice [1][2] - Analysts at Pearl Gray disclose that they have no stock, option, or similar derivative positions in any of the companies mentioned, nor do they plan to initiate any such positions within the next 72 hours [1] Group 2 - The content provided by Pearl Gray on platforms like Seeking Alpha is intended to set the tone for discussions among subscribers rather than serve as financial advice [2] - Seeking Alpha clarifies that past performance is not indicative of future results and that no recommendations are made regarding the suitability of investments for particular investors [3]