Global Net Lease lowers FY24 earnings guidance to $1.30-1.40 per share, below the consensus estimate of $1.58.

Global Net Lease updates FY24 earnings guidance to $1.30-1.40 per share, lower than the consensus estimate of $1.58. GNL's stock traded up $0.04, reaching $7.34. The company has a market cap of $1.69 billion, with a P/E ratio of -4.45 and a beta of 1.37. Major shareholder Nicholas S. Schorsch sold 150,000 shares in January, reducing direct ownership.

February 27, 2024
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