NASDAQ$ILPT

Industrial Logistics Properties Trust · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

ILPT's financial results announced for the quarter ended June 30, 2024.

Industrial Logistics Properties Trust (ILPT) announced its financial results for the second quarter of 2024. As of June 30, 2024, ILPT’s portfolio consisted of 411 properties containing approximately 59.9 million rentable square feet located in 39 states. Approximately 77% of ILPT’s annualized rental revenues as of June 30, 2024 are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases.

  • Financial results announced for the quarter ended June 30, 2024.
  • Portfolio consisted of 411 properties.
  • Portfolio contained approximately 59.9 million rentable square feet.
  • Properties located in 39 states.

Headline financials

Total Revenue

$111M

Previous: $108M+2.4%
EPS

-$0.35

Previous: $0.12-391.7%
Capital Expenditures

-$3.61M

Previous: -$7.3M+50.6%
Free Cash Flow

-$26.8M

Previous: -$33.1M+19.2%
Net Income

-$23.2M

Previous: -$25.8M+10.3%
Operating Income

$50.1M

Previous: $46.3M+8.2%
Gross Profit

$111M

Previous: $108M+2.4%
Cash & Equivalents

$146M

Previous: $71.7M+103.8%
Total Assets

$5.49B

Previous: $5.66B-3.0%

Revenue & EPS history

ILPT · Revenue · Quarterly

$111M

Q2 2024+2.4%vs Q2 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

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 2024

Historical avgQ2 2024

-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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