secwatch.observer — SEC 8-K summary
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Issuer:     ONE LIBERTY PROPERTIES INC (OLP)
CIK:        0000712770
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001213900-22-024235
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

One Liberty Properties Q1 rental income $21.5M, net income $9.3M ($0.44/diluted)
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- Rental income $21.5M vs $20.7M YoY; net income $9.3M ($0.44 diluted) vs $3.0M ($0.13) includes $4.6M gain on sale.
- FFO $10.6M ($0.50/diluted) vs $8.8M ($0.42); AFFO $10.7M ($0.50) vs $10.0M ($0.48).
- Acquired additional industrial property; sold properties generating $4.6M gain in Q1 and $6.9M gain in Q2 (closed after quarter).
- CEO notes disciplined underwriting amid low cap rates and rising interest rates to support dividend.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712770/000121390022024235/0001213900-22-024235-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712770/000121390022024235/ea159412-8k_oneliberty.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-024235

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer