NYSE$OLP

One Liberty Properties Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported growth in revenues and AFFO, driven by effective navigation of economic challenges and strategic acquisitions.

One Liberty Properties reported positive results for Q4 2022, with increases in rental income, net income, FFO, and AFFO. The company benefited from a significant settlement and effective leasing activities.

  • Rental income increased to $27.7 million compared to $20.8 million in the prior year.
  • Net income attributable to One Liberty was $8.9 million, or $0.42 per diluted share, compared to $6.5 million, or $0.30 per diluted share in the prior year.
  • FFO was $15.1 million, or $0.71 per diluted share, compared to $9.8 million, or $0.46 per diluted share in the prior year.
  • AFFO was $11.0 million, or $0.52 per diluted share, compared to $10.7 million, or $0.51 per diluted share in the prior year.

Headline financials

Total Revenue

$27.7M

Previous: $20.8M+33.0%
EPS (adj)

$0.52

Previous: $0.51+2.0%
Net Income

$8.9M

Previous: $6.5M+36.9%
Operating Income

$13.5M

Previous: $8.1M+66.7%
Cash & Equivalents

$6.7M

Previous: $16.2M-58.6%
Total Assets

$783M

Previous: $753M+4.0%
Stock-Based Comp

$1.32M

Previous: $1.24M+6.0%

Revenue & EPS history

One Liberty Properties · Revenue · Quarterly

$27.7M

Q4 2022+33%vs Q4 2021
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

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

  • Industrial
    $9.35M

Forward guidance

The company expects to maintain a disciplined underwriting approach as it seeks to acquire and dispose of properties that will contribute to growth in the future.

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

Historical avgQ4 2022

+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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