One Liberty Properties Q1 2021 Earnings Report
Key Takeaways
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.
Collected 98% of billed rents in the first quarter.
Rental income was $20.7 million in the first quarter of 2021.
Net income attributable to One Liberty 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
One Liberty Properties
Forward Guidance
The company remains committed to ensuring that the portfolio provides consistent cash flow to support our dividend. In addition, given the competitive environment for desirable industrial properties, we will remain diligent and disciplined in our pursuit of accretive acquisitions to create long-term sustained value for our stockholders.