One Liberty Properties Q2 2022 Earnings Report
Key Takeaways
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.
Rental income increased to $21.5 million compared to $20.3 million in the second quarter of 2021.
Net income attributable to One Liberty was $16.8 million, or $0.79 per diluted share.
Funds from Operations (FFO) was $14.7 million, or $0.69 per diluted share.
Adjusted Funds from Operations (AFFO) was $10.4 million, or $0.49 per diluted share.
One Liberty Properties
One Liberty Properties
Forward Guidance
Forward looking statements involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company’s control and which could materially affect the Company’s results of operations, financial condition, cash flows, performance or future achievements or events.