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Mar 31, 2024
Global Net Lease Q1 2024 Earnings Report
Global Net Lease reported Q1 2024 results with AFFO per share increased 6% compared to fourth quarter 2023
Key Takeaways
Global Net Lease reported a revenue of $206.0 million. AFFO per diluted share grew 6% to $0.33. The company reaffirms its 2024 AFFO per share guidance range of $1.30 to $1.40 and is on target to reach the high end of disposition guidance of $600 million.
AFFO per share Increased 6% Compared to Fourth Quarter 2023
On Target to Reach High End of Disposition Guidance of $600 Million
Currently 7.2% Cash Cap Rate on Occupied Dispositions
Company Reaffirms 2024 Guidance
Revenue by Segment
Forward Guidance
GNL reaffirms its 2024 AFFO per share guidance range of $1.30 to $1.40 and a net debt to Adjusted EBITDA range of 7.4x to 7.8x.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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