earnings
confidence high
sentiment positive
materiality 0.85
GNL posts Q3 AFFO $0.24/share, raises FY guidance; credit upgraded to BBB-
Global Net Lease, Inc.
2025-Q3 EPS reported
-$1.37
revenue$378,333,000
- Revenue $121M (down 12.7% YoY); net loss $71.1M improved; AFFO $0.24/sh vs $0.32.
- Fitch upgraded GNL to investment-grade BBB- from BB+ on deleveraging and liquidity.
- Reduced net debt by $2B since Q4 2024; net debt/EBITDA 7.2x; $1.8B revolver refinancing cut spread 35bps.
- Repurchased 12.1M shares YTD at $7.59 avg ($92M); raised FY AFFO guidance to $0.95-$0.97.
- Portfolio 97% leased, 60% investment-grade tenants; weighted average debt maturity extended to 3.2 years.
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