earnings
confidence high
sentiment neutral
materiality 0.65
One Liberty Q2 FFO $0.69 vs $0.37; buys 3 industrial properties for $31.7M
ONE LIBERTY PROPERTIES INC
2022-Q2 EPS reported
$1.23
- Rental income $21.5M (+6% YoY); net income $16.8M ($0.79) vs $23.3M ($1.12) on lower property sale gains.
- FFO $14.7M ($0.69) vs $7.7M ($0.37); AFFO $10.4M ($0.49) vs $10.2M ($0.48).
- Acquired 3 industrial properties for $31.7M aggregate, including $15.5M of mortgage debt.
- Sold 2 properties for $13.3M, generating $8.1M gain.
- Repurchased 133k shares at avg $25.46; $4.1M remains authorized for buybacks.