Earnings ·
Raises full-year AFFO per share guidance low end to $0.83 and reports Q3 net loss of $67.1M
GNLGlobal Net Lease, Inc.
Global Net Lease raised the low end of its full-year Adjusted Funds From Operations (AFFO) per share guidance from $0.82 to $0.83, setting a new range of $0.83 to $0.85. For the third quarter ended September 30, 2026, the company reported revenue of $112.9 million and a net loss attributable to common stockholders of $67.1 million, with AFFO of $48.3 million or $0.22 per share. The firm completed the integration of its Modiv Industrial acquisition and repurchased 6.6 million shares for $58.5 million in the quarter. Gross debt decreased by $178 million to $2.9 billion, while liquidity stood at approximately $863 million. Global Net Lease operates as a commercial real estate investment trust that acquires and manages single-tenant net lease properties.