---
schema_version: "secwatch.filing_event.v1"
accession: "0001526113-24-000011"
form_type: "8-K"
ticker: "GNL"
cik: "0001526113"
company_name: "Global Net Lease, Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T17:57:23.278036+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# GNL reports Q1 AFFO $0.33/share (+6% QoQ); reaffirms FY2024 $1.30-$1.40 guidance

## Summary
- AFFO per diluted share $0.33 (up 6% QoQ); Core FFO $56.6M (+17% QoQ).
- Net loss narrowed to $34.7M from $59.5M QoQ; revenue $206.0M, stable.
- Closed plus disposition pipeline totals $554M at 7.2% cash cap rate on occupied assets.
- Reaffirmed 2024 AFFO guidance $1.30-$1.40 per share; Net debt to Adj EBITDA 7.4x-7.8x.
- Post-Q1, completed $237M CMBS refinancing at 5.74% fixed, reducing annual interest by $3.5M.

## SEC filing metadata
- accession: 0001526113-24-000011
- form_type: 8-K
- ticker: GNL
- cik: 0001526113
- company_name: Global Net Lease, Inc.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1526113/000152611324000011/0001526113-24-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1526113/000152611324000011/gnl-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001526113-24-000011
- JSON: https://secwatch.observer/filing/0001526113-24-000011.json
- Plain text: https://secwatch.observer/filing/0001526113-24-000011.txt

## Key facts
- Earnings Releases
  Global Net Lease, Inc. reported the quarter ended March 31, 2024 results: revenue $206.0 million, net income Net loss attributable to common stockholders was $34.7 million, EPS Net loss per diluted common share $ (0.15). Guidance reaffirmed.
  - Period: the quarter ended March 31, 2024
  - Revenue: $206.0 million
  - Net income: Net loss attributable to common stockholders was $34.7 million
  - EPS: Net loss per diluted common share $ (0.15)
  - Guidance: reaffirmed
  - Result: reported results
  source text: located commercial real estate properties, announced today its financial and operating results for the quarter ended March 31, 2024. First Quarter 2024 Highlights • Revenue was $206.0 million compared to $206.7 million in fourth quarter • Net loss attributable to common stockholders was $34.7 million, compared to net loss of $59.5 million in fourth quarter 2023 • Core
  evidence_url: https://www.sec.gov/Archives/edgar/data/1526113/000152611324000011/0001526113-24-000011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.