MCLEAN, VA / ACCESSWIRE / August 8, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced that on August 7, 2024, it sold two medical office properties located in the Atlanta MSA leased to Northside Hospital, totaling 26,331 square feet at a cap rate of 5.97%. Gladstone Commercial realized a leveraged internal rate of return of approximately 13.2% on the assets, which were originally acquired as a component of an 8-property portfolio transaction in 2007.
Gladstone Commercial Corporation (NASDAQ:GOOD ) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants David Gladstone - Chief Executive Officer Michael LiCalsi - General Counsel & Secretary Buzz Cooper - President Gary Gerson - Chief Financial Officer Conference Call Participants Gaurav Mehta - Alliance Global Partners Rob Stevenson - Janney Dave Storms - Stonegate John Massocca - B. Riley Securities Operator Greetings, and welcome to the Gladstone Commercial Corporation Second Quarter Earnings Call.
Gladstone Commercial (GOOD) came out with quarterly funds from operations (FFO) of $0.36 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to FFO of $0.41 per share a year ago.
Please note that the limited information that follows in this press release is not adequate to make an informed investment judgment. MCLEAN, VA / ACCESSWIRE / August 6, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial" or the "Company") today reported financial results for the second quarter ended June 30, 2024.
MCLEAN, VA / ACCESSWIRE / August 5, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) announces the following event: What: Gladstone Commercial Corporation's Second Quarter Ended June 30, 2024 Earnings Call & Webcast When: Wednesday, August 7, 2024 @ 8:30 a.m. ET Website: Click Here How: By webcast -- Log on to the web at the address above By phone -- Please call (877) 424-3437 Contact: Gladstone Commercial Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through August 14, 2024.
Zacks.com users have recently been watching Gladstone Commercial (GOOD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The latest trading day saw Gladstone Commercial (GOOD) settling at $14.93, representing a -0.73% change from its previous close.
Gladstone Commercial (GOOD) closed at $14.67 in the latest trading session, marking a +0.55% move from the prior day.
In the latest trading session, Gladstone Commercial (GOOD) closed at $14.35, marking a -1.71% move from the previous day.
Gladstone Commercial (GOOD) concluded the recent trading session at $14.60, signifying a -1.82% move from its prior day's close.
In the most recent trading session, Gladstone Commercial (GOOD) closed at $14.72, indicating a -0.47% shift from the previous trading day.
The solid demand for Gladstone Commercial's (GOOD) properties helps it experience high occupancy and collection of 100% of the cash base rent through June.