earnings
confidence high
sentiment positive
materiality 0.65
ILPT Q2 net income $0.29/shr; Normalized FFO $0.47/shr; occupancy 99%
Industrial Logistics Properties Trust
2021-Q2 EPS reported
$0.58
- Net income $0.29/diluted share; Normalized FFO $0.47/diluted share (flat YoY).
- Same property cash basis NOI +1.4% YoY; total NOI $42.4M (down 17.2% due to prior dispositions).
- Occupancy 99.0%; 564K sq ft leased with 17.9% rent roll-up, avg term 7.6 yrs.
- Acquired $31.5M Columbus, OH industrial property and $2.2M Dallas land; $536.5M liquidity.