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GMRE

Global Medical REIT Inc

$12.06

Earnings Summary

Revenue
$33.7Mn
Net Profits
$2.24Mn
Net Profit Margins
6.64%
PE Ratio
67.94

Highlights

Revenue:

Global Medical REIT Inc’s revenue jumped 19.23% since last year same period to $33.7Mn in the Q2 2022. On a quarterly growth basis, Global Medical REIT Inc has generated 5.72% jump in its revenue since last 3-months.

Net Profits:

Global Medical REIT Inc’s net profit fell -44.21% since last year same period to $2.24Mn in the Q2 2022. On a quarterly growth basis, Global Medical REIT Inc has generated -15.97% fall in its net profits since last 3-months.

Net Profit Margins:

Global Medical REIT Inc’s net profit margin fell -53.21% since last year same period to 6.64% in the Q2 2022. On a quarterly growth basis, Global Medical REIT Inc has generated -20.51% fall in its net profit margins since last 3-months.

PE Ratio:

Global Medical REIT Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 67.94.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Global Medical REIT Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.05
EPS Estimate Current Year
0.05

Highlights

EPS Estimate Current Quarter:

Global Medical REIT Inc’s earning per share (EPS) estimates for the current quarter stand at 0.05 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

Global Medical REIT Inc’s earning per share (EPS) estimates for the current year stand at 0.05.

Key Ratios

Key ratios of the Global Medical REIT Inc post its Q2 2022 earnings

Earning Per Share (EPS)
0.04
Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.03
Dividend Per Share (DPS)
0.83

Highlights

Earning Per Share (EPS):

Global Medical REIT Inc’s earning per share (EPS) jumped 0% since last year same period to 0.04 in the Q2 2022. This indicates that the Global Medical REIT Inc has generated 0% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Global Medical REIT Inc’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Global Medical REIT Inc’s return on equity (ROE) stands at 0.03.

Dividend Per Share (DPS):

Global Medical REIT Inc declared 0.83 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
0.05
0.04
-20%
2022-05-06
0.05
0.04
-20%

Company Information

Global Medical REIT Inc. is a net-lease medical office REIT that acquires purpose-built specialized healthcare facilities and leases those facilities to strong healthcare systems and physician groups with leading market share.

Organisation
Global Medical REIT Inc
Headquarters
Bethesda, Maryland, US
Employees
22
Industry
Finance
CEO
Jeffrey Busch