earnings
confidence high
sentiment neutral
materiality 0.80
AH Realty Trust Q2 net loss $0.25/diluted; raises FY2026 FFO guidance to $0.53-$0.57
AH Realty Trust, Inc.
- GAAP net loss $0.25 per diluted share vs net income $0.04 in Q2 2025; FFO as adjusted $0.14 per share vs $0.19.
- Raised full-year 2026 FFO as adjusted guidance to $0.53-$0.57 per diluted share (6% increase from original).
- Completed $485M multifamily portfolio sale; used proceeds to repay $460.5M debt, reducing Net Debt/EBITDAre to 7.1x.
- Office same-store NOI growth 8.3% (cash); retail same-store NOI growth 2.9% (cash); office new lease spreads 20.5% GAAP.
- Repurchased 2.0M shares for $12.4M in Q2; YTD total 5.6M shares for $33.2M; board added two independent directors.