Global Net Lease (GNL) Matches Q1 FFO Estimates

Global Net Lease (GNL) came out with quarterly funds from operations (FFO) of $0.33 per share, in line with the Zacks Consensus Estimate. This compares to FFO of$0.38 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate investment trust would post FFO of $0.40 per share when it actually produced FFO of$0.31, delivering a surprise of -22.50%.Over the last four quarters, the company has surpassed consensus FFO estimates just once.Globa ...