earnings
confidence high
sentiment neutral
materiality 0.65
Gladstone Commercial Q3 Core FFO $16.4M ($0.35/share); acquires $54.8M portfolio
GLADSTONE COMMERCIAL CORP
2025-Q3 EPS reported
$0.09
revenue$117,875,000
- Total operating revenue $40.8M (+3.3% QoQ); net income $4.1M, down from $4.6M QoQ.
- Core FFO available to common stockholders $16.4M ($0.35/share), up 1.8% from Q2 2025.
- Acquired six-facility portfolio for $54.8M at 9.53% cap rate; sold one non-core industrial property for $3.0M.
- Credit facility amended/upsized to $600M (revolver to $200M); maturities extended to Oct 2029 and Feb 2030.
- Collected 100% of cash rents in Q3 and October; declared $0.30/share common dividend (unchanged).