NYSE$ONL

Orion Office Reit Inc. · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Orion Office REIT reported Q4 2024 revenue of $38.4M, a net loss of $32.7M.

For Q4 2024, Orion Office REIT reported Revenue was $38.4M, net loss was $32.7M. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $38.4M for Q4 2024.
  • Net loss $32.7M.
  • MD&A highlights operating priorities, liquidity, and sector risks.

Headline financials

Total Revenue

$38.4M

Previous: $43.8M-12.2%
EPS (adj)

$0.18

Previous: $0.33-45.5%
Core FFO

$10.2M

No prior period
FFO

$7.64M

No prior period
Adjusted EBITDA

$16.6M

No prior period
Net Income

-$32.7M

Previous: -$16.2M-101.9%
Operating Income

-$24.7M

Previous: -$8.51M-190.1%
Gross Profit

$11.6M

Previous: $3.25M+257.3%

Revenue & EPS history

Orion Office REIT · Revenue · Quarterly

$38.4M

Q4 2024-12.2%vs Q4 2023
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Forward guidance

Outlook emphasizes path to profitability, liquidity, and cost discipline.

Tailwinds

  • Operating initiatives and balance-sheet flexibility.
  • Segment turnaround actions noted in MD&A.

Headwinds

  • Operating losses and macro demand uncertainty.
  • Financing or impairment risks.

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 2024

Historical avgQ4 2024

-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

Earnings price reactions
QuarterReport dateReaction (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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