NASDAQ$ILPT

Industrial Logistics Properties Trust · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Experienced continued favorable operating trends, including record leasing activity and same property occupancy of 99.3%.

ILPT announced its Q2 2022 financial results, which included a net loss attributable to common shareholders of ($2.20) per share and Normalized FFO attributable to common shareholders of $0.43 per share. The company executed 3.9 million square feet of leasing at 61% higher rental rates. Same Property Cash Basis NOI increased 2.6% compared to the same period last year.

  • Executed 3.9 million square feet of leasing at 61% higher rental rates.
  • Net loss attributable to common shareholders was ($2.20) per share, inclusive of a $100.7 million loss on impairment of real estate.
  • Normalized FFO attributable to common shareholders was $0.43 per share.
  • Same Property Cash Basis NOI increased 2.6% compared to the same period last year.

Headline financials

Total Revenue

$107M

Previous: $54.2M+97.9%
EPS (adj)

$0.43

Previous: $0.47-8.5%
Capital Expenditures

-$3.56B

Previous: -$35.4M-9938.4%
Free Cash Flow

-$3.7B

Previous: -$16.6M-22189.9%
Net Income

-$144M

Previous: $18.8M-862.2%
Operating Income

-$53M

Previous: $33.1M-259.9%
Gross Profit

$107M

Previous: $54.2M+97.9%
Cash & Equivalents

$292M

Previous: $30.5M+856.6%
Total Assets

$5.96B

Previous: $1.93B+207.8%

Revenue & EPS history

ILPT · Revenue · Quarterly

$107M

Q2 2022+97.9%vs Q2 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

ILPT's forward-looking statements involve known and unknown risks, uncertainties, and other factors, some of which are beyond ILPT's control.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-0.4%

Avg return

Earnings day

-0.4%

Avg return

5 days after

-2.7%

Avg return

30 days after

45%

15 / 33 earnings

Positive

+10.7%

Q1 2024

Best reaction

-9.3%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.1%-0.8%
Q4 2025+4.0%+4.7%+4.0%
Q3 2025-9.3%-7.6%-4.5%
Q1 2025+0.0%+9.5%+25.6%
Q4 2024-2.5%-2.5%-13.4%
Q3 2024-7.6%-13.2%-2.3%
Q2 2024+2.4%-1.4%-2.0%
Q1 2024+10.7%+19.4%+5.5%
Q4 2023+0.0%-2.0%+2.0%
Q3 2023+5.5%+3.8%+28.0%
Q2 2023-7.1%-4.4%+1.5%
Q1 2023+5.0%+3.0%-11.0%
Q4 2022+9.7%+13.1%-26.0%
Q3 2022-5.5%-5.1%-21.6%
Q2 2022-0.5%+3.7%-14.3%
Q1 2022-9.1%-17.4%-23.6%
Q4 2021+3.8%+3.5%+2.2%
Q3 2021+1.1%+0.5%-22.1%
Q2 2021+0.7%-0.1%+1.6%
Q1 2021-1.1%+1.3%+2.6%
Q4 2020-3.7%-4.4%+2.9%
Q3 2020-3.2%-2.7%+9.3%
Q2 2020+1.8%+2.4%+4.3%
Q1 2020-3.1%-4.6%+3.6%
Q4 2019-3.0%-12.2%-32.8%
Q3 2019-3.5%-1.8%-1.3%
Q2 2019+2.9%+3.5%+2.6%
Q1 2019+1.2%+4.1%-3.3%
Q4 2018+2.5%+1.1%-5.7%
Q3 2018+0.5%-2.7%-1.6%
Q2 2018-2.1%-1.2%+2.5%
Q1 2018+0.4%+0.0%+4.0%
Q4 2017-2.5%-3.9%-1.6%
Q3 2017
Q2 2017
Q1 2017
Q4 2016

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