NYSE$CIO

City Office REIT Inc · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

City Office REIT reported Q1 2025, revenue of $42.3M, a net loss of $3.5M, diluted EPS of ($0.09).

For Q1 2025, City Office REIT reported revenue of $42.3M, a net loss of $3.5M, diluted EPS was ($0.09). The filing highlights segment performance, liquidity, and management commentary on the period.

  • Revenue $42.3M.
  • Net loss $3.5M.
  • Diluted EPS ($0.09).

Headline financials

Total Revenue

$42.3M

Previous: $44.5M-5.0%
EPS (adj)

-$0.09

Previous: $0.33-127.3%
Same Store Cash NOI Growth

4.4%

No prior period
In-Place Occupancy

84.9%

No prior period
Core FFO

$12.3M

No prior period
AFFO

$6.5M

No prior period
Total Leasing Activity

144.0K

No prior period
Common Stock Dividend

$0.10

No prior period
Preferred Stock Dividend

$0.41

No prior period
Total Portfolio Net Rentable SF

5.4M

No prior period
New Leasing Square Feet

101.0K

No prior period
Renewal Leasing Square Feet

43.0K

No prior period
New Lease Avg. Term

5.9

No prior period
New Lease Avg. Annual Rent

$29.97

No prior period
New Lease Avg. Cost

$5.60

No prior period
Renewal Lease Avg. Term

5.1

No prior period
Renewal Lease Avg. Annual Rent

$33.87

No prior period
Renewal Lease Avg. Cost

$3.92

No prior period
Total Principal Debt

$648M

No prior period
Fixed-Rate Debt %

82.3%

No prior period
Weighted Avg. Debt Maturity

1.6

No prior period
Weighted Avg. Interest Rate

5.1%

No prior period
Net Income

-$3.53M

Previous: -$2.44M-44.2%
Operating Income

$7.13M

Previous: $7.96M-10.4%

Revenue & EPS history

City Office · Revenue · Quarterly

$42.3M

Q1 2025-5%vs Q1 2024
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

Management discusses operating priorities, capital allocation, and sector risks in the quarterly filing.

Tailwinds

  • Headline results and segment trends anchor the quarter.
  • Liquidity and balance-sheet capacity support operations.
  • Strategic initiatives outlined in MD&A.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items affect year-over-year comparability.
  • Execution risk on growth or restructuring plans.

Historical earnings impact

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

Avg. return before/after earnings

Based on 7 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-1.4%

Avg return

Earnings day

-3.9%

Avg return

5 days after

+0.4%

Avg return

30 days after

35%

15 / 43 earnings

Positive

+12.0%

Q1 2020

Best reaction

-13.1%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q3 2025+0.0%+0.3%+0.4%
Q2 2025+0.1%+0.7%+0.1%
Q1 2025-5.3%-6.7%-6.7%
Q4 2025+1.4%-2.2%-0.6%
Q3 2024-5.8%-2.2%+6.5%
Q2 2024-9.8%-10.6%-3.5%
Q1 2024+2.3%+0.6%+3.4%
Q4 2023-4.5%-11.6%+3.4%
Q3 2023+5.1%
Q2 2023-1.5%
Q1 2023-13.1%
Q4 2022-2.3%
Q3 2022-9.1%
Q2 2022-6.2%
Q1 2022-7.0%
Q4 2021-0.6%
Q3 2021-4.3%
Q2 2021+4.7%
Q1 2021-2.8%
Q4 2020-8.2%
Q3 2020-0.5%
Q2 2020+6.5%
Q1 2020+12.0%
Q4 2019-8.5%
Q3 2019-0.7%
Q2 2019+2.2%
Q1 2019+4.0%
Q4 2018-9.4%
Q3 2018-3.3%
Q2 2018-0.3%
Q1 2018+1.1%
Q4 2017+6.8%
Q3 2017-2.0%
Q2 2017-0.2%
Q1 2017+1.8%
Q4 2016-2.9%
Q3 2016+4.2%
Q2 2016-0.4%
Q1 2016+2.0%
Q4 2015-1.2%
Q3 2015-4.8%
Q2 2015+0.0%
Q1 2014+0.1%
Q3 2013
Q2 2013
Q1 2013
Q4 2012

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