The earnings call reflected a positive sentiment overall, driven by successful strategic initiatives such as the sale of the multi-tenant retail portfolio, significant debt reduction, and credit rating upgrades. However, concerns remain about the net loss, share price stagnation, and exposure to certain sectors.

Company Guidance -

Q3 2025

In the second quarter of 2025, Global Net Lease, Inc. (GNL) provided guidance highlighting key metrics and strategic initiatives aimed at enhancing shareholder value and financial stability. The company completed a $1.8 billion sale of its multi-tenant retail portfolio, resulting in an increased occupancy rate of 98%, an annualized NOI margin expansion of 800 basis points, and an increase in leases with rent escalators to 88%. These actions improved GNL’s liquidity to $1 billion and facilitated a $1.1 billion reduction in revolving credit facility leverage. The sale also contributed to an upgrade in GNL’s corporate credit rating by S&P to BB+ and an issuer-level rating on unsecured notes to BBB-. GNL's strategic focus on deleveraging and refinancing helped lower borrowing costs by 70 basis points, extend the weighted average debt maturity to 3.7 years, and maintain a net debt to adjusted EBITDA range of 6.5x to 7.1x. The company raised the lower end of its AFFO per share guidance to $0.92-$0.96, reflecting confidence in its ongoing operational and financial strategies.

Multi-Tenant Retail Portfolio Sale

Completed the $1.8 billion sale of the multi-tenant retail portfolio to RCG Ventures, reducing annual G&A by $6.5 million and generating $30 million in annual capital expenditure savings.

Occupancy and NOI Margin Improvement

Increased occupancy to 98% from 97% and expanded annualized NOI margin by 800 basis points.

S&P Credit Rating Upgrade

S&P Global upgraded GNL's corporate credit rating to BB+ from BB and raised the issuer level rating on unsecured notes to investment-grade BBB- from BB+.

Refinancing Success

Refinanced revolving credit facility, securing improved pricing, enhanced liquidity, and an extension of weighted average debt maturity to 3.7 years from 2.9 years.

Significant Debt Reduction

Reduced gross outstanding debt balance by $2 billion from the end of the second quarter of 2024, with net debt to adjusted EBITDA ratio improving to 6.6x from 8.1x.

Share Repurchase Program

Repurchased 10.2 million shares at a weighted average price of $7.52, totaling $77 million, capitalizing on an AFFO yield of approximately 12%.

Global Net Lease (GNL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GNL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	-0.07 / -	-0.33	―	―	―
Aug 06, 2025	2025 (Q2)	-0.11 / -0.19	-0.2	5.00% (+0.01)
May 07, 2025	2025 (Q1)	-0.10 / -0.87	-0.15	-480.00% (-0.72)
Feb 27, 2025	2024 (Q4)	-0.10 / -0.08	-0.26	69.23% (+0.18)
Nov 06, 2024	2024 (Q3)	- / -0.33	-1.11	70.27% (+0.78)
Aug 06, 2024	2024 (Q2)	- / -0.20	-0.3	33.33% (+0.10)
May 07, 2024	2024 (Q1)	- / -0.15	-0.06	-150.00% (-0.09)
Feb 27, 2024	2023 (Q4)	- / -0.26	-0.17	-52.94% (-0.09)
Nov 07, 2023	2023 (Q3)	- / -1.11	0.09	-1333.33% (-1.20)
Aug 03, 2023	2023 (Q2)	-0.02 / -0.30	-0.06	-400.00% (-0.24)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GNL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$6.85	$7.47	+9.05%
May 07, 2025	$7.34	$7.65	+4.22%
Feb 27, 2025	$7.14	$7.59	+6.30%
Nov 06, 2024	$7.24	$7.26	+0.28%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Global Net Lease (GNL) report earnings?

Global Net Lease (GNL) is schdueled to report earning on Nov 05, 2025, Before Open (Confirmed).

What is Global Net Lease (GNL) earnings time?

Global Net Lease (GNL) earnings time is at Nov 05, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is GNL EPS forecast?

GNL EPS forecast for the fiscal quarter 2025 (Q3) is -0.08.

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