earnings
confidence high
sentiment neutral
materiality 0.75
Orion Properties Q1 net loss $(13.6)M, Core FFO $0.21/shr, reaffirms FY26 guidance
Orion Properties Inc.
2026-Q1 EPS
reported -$0.24
vs consensus -$0.12
▼ miss
(-98.0%)
- Total revenues $36.3M (down from $38.0M YoY); net loss $(13.6)M vs $(9.4)M prior year.
- Core FFO $11.7M ($0.21/diluted) vs $10.7M ($0.19) YoY; FFO $5.8M ($0.10).
- Leased 355k sq ft in Q1; portfolio occupancy 83.1%, weighted avg lease term 5.9 years.
- Sold two properties for $13.1M in Q1; post-Q1 sold Deerfield/Glen Burnie for $35.6M; acquired Northbrook, IL for $15M.
- Quarterly dividend $0.02/shr payable July 15; reaffirms FY26 Core FFO guidance $0.69-$0.76/shr.