earnings
confidence high
sentiment negative
materiality 0.75
GNL Q1 revenue $132M, net loss $200M on portfolio sale; AFFO $0.29; reaffirms FY guidance
Global Net Lease, Inc.
2025-Q1 EPS reported
-$0.87
revenue$132,415,000
- Net loss attributable to common stockholders of $200.3M, vs $34.7M loss YoY, driven by portfolio sale accounting.
- Revenue $132.4M, down 10.5% YoY from $147.9M due to asset dispositions.
- Closed first phase of multi-tenant sale: $1.1B gross proceeds; remaining 41 assets expected to close Q2 2025.
- Reduced net debt by $833M in Q1; net debt/adjusted EBITDA improved to 6.7x from 8.4x YoY.
- Repurchased 7.9M shares at avg $7.50 for $59M; reaffirms 2025 AFFO guidance $0.90-$0.96 per share.