earnings
confidence high
sentiment neutral
materiality 0.55
Gladstone Commercial Q1 2025 Core FFO $0.34/share; net income $0.04/share
GLADSTONE COMMERCIAL CORP
2025-Q1 EPS reported
$0.04
revenue$37,501,000
- Core FFO of $15.2M ($0.34 diluted per share) vs $15.3M in prior quarter, down 0.2%.
- Net income available to common stockholders was $1.9M ($0.04/share), down from $4.0M ($0.09) Q4 2024.
- Acquired six fully-occupied properties for $73.7M at an 8.39% cap rate; owned 141 properties post quarter.
- Collected 100% of cash rents for Jan-Mar 2025 and April 2025; quarterly dividend of $0.30/share maintained.
- Sold two non-core properties for $23.6M after quarter end; repaid $7.2M variable-rate mortgage debt.