One Liberty Properties Earnings Reports

One Liberty Properties reports a net income of $5.2 million, or $0.23 per diluted share, for the third quarter of 2024, compared to $2.7 million, or $0.12 per diluted share, in the same quarter of 2023. Rental income was $22.2 million compared to $22.5 million in the third quarter of 2023. The company completed the purchase of an industrial property for $33.0 million and secured sales agreements for six properties.

One Liberty Properties reported rental income of $21.8 million and net income of $9.6 million, or $0.45 per diluted share, for the second quarter of 2024. The company acquired two industrial properties for $11.7 million and sold six properties for a $7.4 million gain.

One Liberty Properties reported a net income of $5.2 million, or $0.23 per diluted share, and rental income of $22.4 million for the first quarter of 2024. The company remained focused on transforming its portfolio towards industrial ownership through strategic acquisitions and opportunistic sales.

One Liberty Properties reported a net income of $15.0 million, or $0.71 per diluted share, for the fourth quarter of 2023, compared to $8.9 million, or $0.42 per diluted share, for the same period in the prior year. The increase was primarily due to a $12.0 million gain on the sale of real estate. Rental income was $22.7 million, compared to $27.7 million in the corresponding period of the prior year, which included $4.6 million from a settlement.

One Liberty Properties reported a 4.7% increase in rental income to $22.5 million for the third quarter of 2023, compared to $21.5 million in the third quarter of 2022. Net income was $2.7 million, or $0.12 per diluted share, compared to $7.2 million, or $0.34 per diluted share, in the third quarter of 2022. FFO was $9.7 million, or $0.45 per diluted share, for the third quarter of 2023, compared to $9.2 million, or $0.44 diluted share, in the third quarter of 2022. Adjusted Funds from Operations, or AFFO, was $10.5 million, or $0.49 per diluted share for the quarter ended September 30, 2023, compared to $10.1 million, or $0.48 per diluted share, for the quarter ended September 30, 2022.

One Liberty Properties reported a 4.2% increase in rental income for the second quarter of 2023 compared to the previous year. Net income was $6.5 million, or $0.30 per diluted share. The company repurchased $1.5 million of shares during the quarter.

One Liberty Properties reported a 7.0% increase in rental income for Q1 2023, driven by same-store properties and strategic acquisitions and dispositions. Net income was $5.4 million, or $0.25 per diluted share, compared to $9.3 million, or $0.44 per diluted share, in Q1 2022. FFO was $10.1 million, or $0.47 per diluted share, while AFFO was $10.8 million, or $0.50 per diluted share.

One Liberty Properties reported positive results for Q4 2022, with increases in rental income, net income, FFO, and AFFO. The company benefited from a significant settlement and effective leasing activities.

One Liberty Properties reported rental income growth year-over-year, with rental income at $21.5 million compared to $20.3 million in the third quarter of 2021. Net income attributable to One Liberty was $7.2 million, or $0.34 per diluted share, compared to $6.1 million, or $0.28 per diluted share, in the third quarter of 2021.

One Liberty Properties reported rental income of $21.5 million and net income of $16.8 million, or $0.79 per diluted share, for the second quarter of 2022. The company purchased three industrial properties and sold two properties, generating $8.1 million in gains.

One Liberty Properties reported an increase in rental income and net income for the first quarter of 2022, driven by additional rental income, insurance recoveries, and a reduction in interest expense, partially offset by increased compensation expense. The company continues to evolve its portfolio to maximize long-term cash flow and remains disciplined in its acquisition strategy.

One Liberty Properties reported a successful fourth quarter and full year 2021, marked by high occupancy rates and strategic portfolio transformation towards industrial properties. The company's financial performance showed improvements in rental income, net income, and funds from operations, driven by factors such as increased rental income from Regal Cinemas and reduced interest expenses.

One Liberty Properties reported a decrease in rental income and net income for the third quarter of 2021 compared to the same period in 2020, primarily due to property dispositions. However, AFFO remained relatively stable.

One Liberty Properties reported a net income of $1.26 per share and AFFO of $0.96 per share for the six months ended June 30, 2021. The company's portfolio remains diversified with a focus on industrial properties and a stable occupancy rate.

One Liberty Properties reported first quarter results with 98% of billed rents collected, demonstrating portfolio stability. Net income was $3.0 million, or $0.13 per diluted share. Adjusted Funds from Operations was $10.0 million, or $0.48 per diluted share.

One Liberty Properties reported a decrease in rental income for the fourth quarter of 2020 compared to the previous year, primarily due to the economic consequences of the COVID-19 pandemic. Net income and AFFO also decreased, while the company focused on overcoming challenges and pursuing accretive acquisition opportunities.

One Liberty Properties reported a 3.4% increase in rental income to $21.1 million and a net income of $13.7 million, or $0.67 per diluted share, primarily due to a $10.3 million gain on the sale of a property.

One Liberty Properties reported a slight increase in rental income but a decrease in net income and FFO for the second quarter of 2020, impacted by COVID-19 and specific expenses like swap termination fees.