Global Net Lease

Q2 FY2026 EarningsQ2 FY26 results beat consensus on revenue ($112.5M vs. $109.7M) and delivered a narrower-than-expected GAAP net loss ($7.5M vs. $12.0M). AFFO per share reached $0.22, significantly outperforming normalized EPS expectations. Management raised full-year FY26 AFFO guidance to $0.82–$0.85 and increased transaction volume guidance to $700M–$800M following the imminent Modiv acquisition, signaling confidence in the strategic shift toward industrial assets.