Investing.com - Global Medical reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Global Medical announced earnings per share of $0.12 on revenue of $35.41M. Analysts polled by Investing.com anticipated EPS of $0.04 on revenue of $33.88M.
Global Medical shares are down 25.34% from the beginning of the year, still down 52.03% from its 52 week high of $18.51 set on January 4.
Global Medical follows other major Real Estate sector earnings this month
Global Medical's report follows an earnings beat by Prologis on October 19, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on October 27 with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
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