NYSE$AHRT
AH Realty Trust Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Armada Hoffler reported Q4 2022 results with net income of $0.13 per diluted share and Normalized FFO of $0.35 per diluted share.
Armada Hoffler Properties, Inc. announced its Q4 and full year 2022 results. Key highlights include net income attributable to common stockholders of $11.5 million, or $0.13 per diluted share, and Normalized FFO of $30.6 million, or $0.35 per diluted share. The company also introduced 2023 full-year Normalized FFO guidance of $1.23 to $1.27 per diluted share and was awarded an investment grade credit rating of BBB.
- Net income attributable to common stockholders and OP Unit holders was $11.5 million, or $0.13 per diluted share.
- Funds from operations attributable to common stockholders and OP Unit holders (FFO) was $29.4 million, or $0.33 per diluted share.
- Normalized funds from operations attributable to common stockholders and OP Unit holders (Normalized FFO) was $30.6 million, or $0.35 per diluted share.
- The company maintained 97% portfolio occupancy as of December 31, 2022.
Headline financials
Revenue & EPS history
Armada Hoffler · Revenue · Quarterly
$55.7M
Revenue by segment
Armada Hoffler · $55.7M total across 1 segment · Q4 2022
- Rental Revenues$55.7M—100.0%
Forward guidance
The Company is introducing its 2023 full-year Normalized FFO guidance in the range of $1.23 to $1.27 per diluted share.
Tailwinds
- Chronicle Mill stabilizes 1Q 2023
- Acquisitions of $100 - $200M of assets
- Existing development pipeline fully funded through the unsecured revolving credit facility
- Delivery of Southern Post 4Q 2023
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
-0.3%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+1.0%
Avg return
30 days after
40%
21 / 52 earnings
Positive
+6.9%
Q4 2022
Best reaction
-8.1%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.9% | +6.7% | +13.4% | |
| Q4 2025 | -8.1% | -11.3% | -12.6% | |
| Q3 2025 | -0.5% | -1.7% | +0.2% | |
| Q1 2025 | -1.2% | +4.8% | +2.6% | |
| Q4 2024 | -1.6% | -1.4% | -16.1% | |
| Q3 2024 | +3.0% | +4.2% | +2.3% | |
| Q2 2024 | -0.3% | -3.0% | +3.3% | |
| Q1 2024 | +4.7% | +5.5% | -0.3% | |
| Q4 2023 | -7.8% | -10.3% | -9.4% | |
| Q3 2023 | +4.3% | +0.9% | +12.7% | |
| Q2 2023 | +0.8% | +0.4% | -3.9% | |
| Q1 2023 | -5.9% | -6.6% | -3.3% | |
| Q4 2022 | +6.9% | +6.4% | -5.9% | |
| Q3 2022 | -1.1% | +5.1% | +4.7% | |
| Q2 2022 | -1.8% | -1.3% | -7.8% | |
| Q1 2022 | +3.5% | +0.5% | +5.7% | |
| Q4 2021 | -0.6% | +2.8% | +7.0% | |
| Q3 2021 | +6.5% | +10.6% | +1.4% | |
| Q2 2021 | -1.1% | +2.2% | +4.5% | |
| Q1 2021 | -5.8% | -3.8% | -4.6% | |
| Q4 2020 | -1.5% | +1.8% | +15.5% | |
| Q3 2020 | -3.1% | +20.9% | +26.1% | |
| Q2 2020 | +6.6% | +9.7% | +9.3% | |
| Q1 2020 | -5.4% | -10.1% | -12.8% | |
| Q4 2019 | -0.9% | -0.5% | -3.7% | |
| Q3 2019 | +0.4% | -2.2% | -3.4% | |
| Q2 2019 | +1.5% | -0.5% | +2.4% | |
| Q1 2019 | -0.9% | -0.1% | +2.0% | |
| Q4 2018 | -0.5% | +0.1% | -0.7% | |
| Q3 2018 | -1.3% | -2.4% | -0.3% | |
| Q2 2018 | +3.0% | +3.1% | +4.8% | |
| Q1 2018 | +1.9% | +2.7% | +6.1% | |
| Q4 2017 | -2.4% | -1.9% | +1.0% | |
| Q3 2017 | +1.1% | +2.4% | +9.4% | |
| Q2 2017 | -0.5% | +1.9% | +0.8% | |
| Q1 2017 | -4.0% | -1.7% | -6.1% | |
| Q4 2016 | +1.2% | +1.8% | -2.2% | |
| Q3 2016 | -1.9% | -2.2% | +4.7% | |
| Q2 2016 | -6.5% | -7.1% | -7.7% | |
| Q1 2016 | -1.1% | — | — | |
| Q4 2015 | +6.8% | — | — | |
| Q3 2015 | -2.3% | — | — | |
| Q2 2015 | -0.3% | — | — | |
| Q1 2015 | +0.1% | — | — | |
| Q4 2014 | +2.2% | — | — | |
| Q3 2014 | +0.1% | — | — | |
| Q2 2014 | +2.8% | — | — | |
| Q1 2014 | -0.8% | — | — | |
| Q4 2013 | +0.7% | — | — | |
| Q3 2013 | +0.2% | — | — | |
| Q2 2013 | -5.6% | — | — | |
| Q1 2013 | -0.3% | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — |
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