One Liberty Properties

Q3 2025 +1.29%Q2 2025 -0.13%Q1 2025 -0.78%Q4 2024 +0.30%Q3 2024 +7.46%Q2 2024 +1.59%Q1 2024 +0.26%Q4 2023 +3.44%Q3 2023 -1.50%Q2 2023 -0.60%Q1 2023 -3.67%Q4 2022 +8.64%Q3 2022 +2.30%Q2 2022 -4.67%Q1 2022 -7.11%Q4 2021 +2.15%Q3 2021 +4.85%Q2 2021 -0.26%Q1 2021 -0.76%Q4 2020 -1.08%Q3 2020 -1.23%Q2 2020 +4.23%Q1 2020 +12.60%Q4 2019 -5.16%Q3 2019 -5.87%Q2 2019 +0.96%Q1 2019 -0.28%Q4 2018 +1.44%Q3 2018 -0.54%Q2 2018 +3.80%Q1 2018 -0.66%Q4 2017 +0.68%Q3 2017 +0.04%Q2 2017 -1.07%Q1 2017 -0.88%Q4 2016 +1.58%Q3 2016 +4.25%Q2 2016 +5.12%Q1 2016 -0.25%Q4 2015 +0.71%Q3 2015 -1.79%Q2 2015 +0.93%Q1 2015 -0.27%Q4 2014 +4.22%Q3 2014 -0.71%Q2 2014 +0.44%Q1 2014 -1.30%Q4 2013 +0.96%Q3 2013 -1.08%Q2 2013 -0.13%Q1 2013 +1.07%Q4 2012 +3.06%Q3 2012 +0.66%Q2 2012 -1.22%Q1 2011 +0.31%Q1 2012 +3.66%Q4 2009 -0.22%Q4 2011 -0.22%Q3 2010 -2.25%Q3 2011 -2.25%Q2 2010 +12.74%Q2 2011 +12.74%Q4 2010 +12.74%Q1 2010 +6.48%

May 07, 2024

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Mar 31, 2024

One Liberty Properties Q1 2024 Earnings Report

Reported operating results for the quarter ended March 31, 2024, focusing on portfolio transformation towards industrial ownership through strategic acquisitions and opportunistic sales.

Key Takeaways

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.

Rental income was $22.4 million, a decrease from $23.0 million in the same prior year quarter, primarily due to property sales in 2023.

Net income attributable to One Liberty was $5.2 million, or $0.23 per diluted share, compared to $5.4 million, or $0.25 per diluted share, in the first quarter of 2023.

Funds from Operations (FFO) was $9.6 million, or $0.45 per diluted share, compared to $10.1 million, or $0.47 per diluted share, in the first quarter of 2023.

Adjusted Funds from Operations (AFFO) was $10.2 million, or $0.48 per diluted share, compared to $10.8 million, or $0.50 per diluted share, for the corresponding quarter in the prior year.