secwatch.observer — SEC 8-K summary
======================================

Issuer:     ONE LIBERTY PROPERTIES INC (OLP)
CIK:        0000712770
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001213900-23-036418
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

One Liberty Properties Q1: rental income +7% to $23M; net income $0.25/share vs $0.44 YoY
--------------------------------------------------------------------------------

- Rental income grew 7.0% YoY to $23.0M, driven by same-store growth and net property acquisitions.
- Net income attributable to One Liberty was $5.4M ($0.25 diluted) vs $9.3M ($0.44) in Q1 2022, down on lower gains.
- FFO per diluted share $0.47 vs $0.50 YoY; AFFO flat at $0.50 per share.
- CEO highlights transformation toward industrial properties contributing positively to portfolio growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712770/000121390023036418/0001213900-23-036418-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712770/000121390023036418/ea177974-8k_oneliberty.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-036418

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