earnings
confidence high
sentiment positive
materiality 0.65
Gladstone Commercial Q2 core FFO $0.35/share (+2.9% QoQ); completes $79.3M in acquisitions
GLADSTONE COMMERCIAL CORP
2025-Q2 EPS reported
$0.07
revenue$77,034,000
- Total operating revenue $39.5M, up 5.4% from Q1; net income available to common $1.5M ($0.03/sh).
- Core FFO basic $16.0M ($0.35/sh) vs $15.2M ($0.34/sh) in Q1, up 5.4% total.
- Acquired two fully-occupied facilities for $79.3M at weighted avg cap rate 8.88%; sold two non-core properties.
- Collected 100% of cash rents during quarter; common dividend unchanged at $0.30/sh.
- Subsequent to quarter: leased/renewed 143,844 sq ft; issued 50,540 common shares for $0.7M.