Stonegate Capital Partners Updates 4Q24 Report on Gladstone Commercial Corp. (GOOD)

Dallas, Texas–(Newsfile Corp. – February 20, 2025) – Gladstone Commercial Corporation.(NASDAQ: GOOD): Stonegate Capital Partners Updates Coverage on Gladstone Commercial Corp. (NASDAQ: GOOD). GOOD reported revenue, FFO per share, and AFFO per share of $37.4M, $0.35, and $0.23, respectively. This compares to our/consensus estimates of $38.6M/$38.0M, $0.34/$0.35, and $0.31/$0.28. Core FFO for the quarter was $0.35 per share, down from $0.38 in 3Q24. This was primarily driven by a settlement received at one property.

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

• Liquidity position increased 57.1% y/y.
• Fundamentals remain strong with 98.7% occupancy levels.
• 100% of rents collected in YTD.

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About Stonegate

Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking services for public and private companies.

Source: Stonegate, Inc.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241631

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