earnings
confidence high
sentiment positive
materiality 0.75
One Liberty Q4 Net Income $0.30/diluted; FFO $0.46, Occupancy 99.2%
ONE LIBERTY PROPERTIES INC
- Q4 net income $6.5M ($0.30/diluted) vs $3.6M ($0.16) prior year; FFO $9.8M ($0.46) vs $6.7M ($0.33).
- AFFO for Q4 was $10.7M ($0.51) vs $9.1M ($0.44); rental income rose to $20.8M from $18.7M, driven by Regal Cinemas.
- Full year 2021 rental income $82.2M vs $81.9M; net gain on sale $25.5M from 5 properties vs $17.3M from 4.
- Portfolio occupancy at 99.2%; industrial properties contributed >50% of rental income.
- Weighted avg shares increased ~493,000 from stock issuances, impacting per share metrics.