Global Net Lease (GNL) stock experienced a significant after-hours plunge of 6.08% on Friday, following the company's mixed fourth-quarter earnings report and weaker-than-expected guidance for 2025.
While GNL reported better-than-expected adjusted funds from operations (AFFO) of $0.34 per diluted share for Q4 2024, up from $0.31 a year earlier and beating analyst estimates of $0.31, its revenue for the quarter fell to $199.1 million from $206.7 million a year ago, missing expectations of $194.3 million.
The real concern for investors, however, appears to be GNL's disappointing 2025 AFFO guidance range of $0.90 to $0.96 per share, which fell significantly short of analysts' estimates of $1.21. This weaker-than-expected outlook raised concerns about the company's growth prospects and profitability for the current year, leading to the after-hours sell-off.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.