NYSE$ONL
Orion Office Reit Inc. · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Orion Office REIT announced its Q4 2022 financial results, featuring total revenues of $50.3 million and a net loss attributable to common stockholders of $(19.0) million, or $(0.33) per share.
Orion Office REIT Inc. reported its Q4 2022 results, with a focus on portfolio optimization. The company completed lease renewals, expansions, and new leases across several properties and sold six properties for $10.0 million during the quarter. While facing economic challenges in the office sector, Orion is working to manage its balance sheet and build long-term value.
- Total revenues for Q4 2022 were $50.3 million.
- Net loss attributable to common stockholders was $(19.0) million, or $(0.33) per share.
- Core FFO was $23.2 million, or $0.41 per share.
- The company sold six properties for $10.0 million.
Headline financials
Revenue & EPS history
Orion Office REIT · Revenue · Quarterly
$50.1M
Forward guidance
Orion is providing the following guidance for fiscal year 2023: LowHighCore FFO per share (1)$1.55-$1.63General and Administrative Expenses$18.75 million-$19.75 millionNet Debt to Adjusted EBITDA4.3x-5.3x
Tailwinds
- General & Administrative Expenses: $18.75 million to $19.75 million
Headwinds
- LowHighDiluted net income per share attributable to common stockholders$(0.61)$(0.54)
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
-4.8%
Avg return
Earnings day
-6.1%
Avg return
5 days after
-9.1%
Avg return
30 days after
32%
7 / 22 earnings
Positive
+6.1%
Q3 2025
Best reaction
-29.4%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.8% | +0.3% | -2.4% | |
| Q4 2025 | -3.1% | -5.9% | -14.5% | |
| Q3 2025 | +6.1% | -0.4% | -15.9% | |
| Q1 2025 | -2.5% | +8.5% | +5.5% | |
| Q4 2024 | -29.4% | -36.9% | -51.9% | |
| Q3 2024 | +1.8% | -3.0% | +1.3% | |
| Q2 2024 | +0.3% | -1.3% | +8.8% | |
| Q1 2024 | +0.6% | +10.4% | +3.0% | |
| Q4 2023 | -14.8% | -17.1% | -18.8% | |
| Q3 2023 | -1.2% | +1.4% | +10.5% | |
| Q2 2023 | +4.2% | +4.6% | -10.7% | |
| Q1 2023 | -2.7% | -10.0% | +3.5% | |
| Q4 2022 | -0.7% | -11.3% | -12.2% | |
| Q3 2022 | -1.7% | -2.7% | +1.7% | |
| Q2 2022 | +0.3% | +1.4% | -8.2% | |
| Q1 2022 | -2.4% | -5.5% | -4.9% | |
| Q1 2021 | -2.4% | -5.5% | -4.9% | |
| Q2 2021 | -14.1% | -16.5% | -24.1% | |
| Q4 2020 | -14.1% | -16.5% | -24.1% | |
| Q4 2021 | -14.1% | -16.5% | -24.1% | |
| Q4 2019 | -14.1% | -16.5% | -24.1% | |
| Q3 2021 | +0.8% | +4.3% | +5.7% | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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