NYSE$OLP

One Liberty Properties Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported fourth quarter and full year 2021 results, highlighting strong leasing and high occupancy.

One Liberty Properties reported a successful fourth quarter and full year 2021, marked by high occupancy rates and strategic portfolio transformation towards industrial properties. The company's financial performance showed improvements in rental income, net income, and funds from operations, driven by factors such as increased rental income from Regal Cinemas and reduced interest expenses.

  • Occupancy at quarter-end reached 99.2%.
  • Rental income increased to $20.8 million compared to $18.7 million in the prior year quarter.
  • Net income attributable to One Liberty was $6.5 million, or $0.30 per diluted share, compared to $3.6 million, or $0.16 per diluted share, in the corresponding period of the prior year.
  • Adjusted Funds from Operations (AFFO) increased to $10.7 million, or $0.51 per diluted share, compared to $9.1 million, or $0.44 per diluted share in the corresponding quarter of the prior year.

Headline financials

Total Revenue

$20.8M

Previous: $18.7M+11.4%
EPS (adj)

$0.51

Previous: $0.44+15.9%
Net Income

$6.5M

Previous: $3.6M+80.6%
Operating Income

$8.1M

Previous: $5.9M+37.3%
Gross Profit

$17.5M

Previous: $15.2M+15.4%
Cash & Equivalents

$16.2M

Previous: $12.7M+27.6%
Total Assets

$753M

Previous: $776M-3.0%
Stock-Based Comp

$1.24M

Previous: $1.25M-0.2%

Revenue & EPS history

One Liberty Properties · Revenue · Quarterly

$20.8M

Q4 2021+11.4%vs Q4 2020
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Revenue by segment

One Liberty Properties · $9.35M total across 1 segment · Q4 2020

  • Industrial
    $9.35M

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 2021

Historical avgQ4 2021

+1.2%

Avg return

Earnings day

-0.4%

Avg return

5 days after

+2.6%

Avg return

30 days after

55%

36 / 65 earnings

Positive

+12.7%

Q2 2011

Best reaction

-7.1%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.9%+3.6%+5.6%
Q4 2025+0.1%-3.3%-7.0%
Q3 2025+1.3%+1.2%+1.4%
Q1 2025-0.8%-3.8%+1.4%
Q4 2024+0.3%+0.9%-7.9%
Q3 2024+7.5%+7.8%+10.0%
Q2 2024+1.6%+2.3%+8.8%
Q1 2024+0.3%+2.3%+1.2%
Q4 2023+3.4%-1.4%+3.6%
Q3 2023-1.5%-2.2%+12.6%
Q2 2023-0.6%+0.6%-2.6%
Q1 2023-3.7%-10.1%-4.5%
Q4 2022+8.6%+7.6%+8.0%
Q3 2022+2.3%+0.3%+3.5%
Q2 2022-4.7%-5.6%-13.4%
Q1 2022-7.1%-9.4%-5.0%
Q4 2021+2.1%-0.0%+0.7%
Q3 2021+4.9%+4.4%+0.4%
Q2 2021-0.3%+0.1%+0.5%
Q1 2021-0.8%+1.1%+6.3%
Q4 2020-1.1%-0.5%+0.7%
Q3 2020-1.2%-3.7%+21.7%
Q2 2020+4.2%+6.8%+11.2%
Q1 2020+12.6%-1.7%+32.4%
Q4 2019-5.2%-29.3%-3.3%
Q3 2019-5.9%-3.8%-2.3%
Q2 2019+1.0%+0.5%-5.2%
Q1 2019-0.3%+2.3%+3.8%
Q4 2018+1.4%+1.4%-8.5%
Q3 2018-0.5%+2.6%+0.9%
Q2 2018+3.8%+4.5%+4.5%
Q1 2018-0.7%+1.4%+5.2%
Q4 2017+0.7%+1.5%-0.9%
Q3 2017+0.0%+2.2%+7.7%
Q2 2017-1.1%-4.3%-1.5%
Q1 2017-0.9%-4.0%-2.8%
Q4 2016+1.6%+3.6%+3.5%
Q3 2016+4.3%+3.1%+8.1%
Q2 2016+5.1%+4.9%+2.2%
Q1 2016-0.2%
Q4 2015+0.7%
Q3 2015-1.8%
Q2 2015+0.9%
Q1 2015-0.3%
Q4 2014+4.2%
Q3 2014-0.7%
Q2 2014+0.4%
Q1 2014-1.3%
Q4 2013+1.0%
Q3 2013-1.1%
Q2 2013-0.1%
Q1 2013+1.1%
Q4 2012+3.1%
Q3 2012+0.7%
Q2 2012-1.2%
Q1 2011+0.3%
Q1 2012+3.7%
Q4 2011-0.2%
Q4 2009-0.2%
Q3 2011-2.3%
Q3 2010-2.3%
Q2 2010+12.7%
Q4 2010+12.7%
Q2 2011+12.7%
Q1 2010+6.5%

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