NYSE$PKST

Peakstone Realty Trust · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Peakstone Realty Trust reported Q1 2025 rental income of $57.0M with a net loss attributable to common shareholders of $49.4M and diluted EPS of $(1.35).

Rental income was $57.0 million; a $52.0 million real estate impairment drove a net loss attributable to common shareholders of $49.4 million. Diluted EPS was $(1.35). Office portfolio repositioning and asset sales remain strategic priorities.

  • Q1 rental income $57.0M.
  • Net loss to common shareholders $49.4M; diluted EPS $(1.35).
  • $52.0M impairment on real estate assets.
  • Interest expense and disposition strategy.

Headline financials

Total Revenue

$57M

Previous: $59.2M-3.8%
EPS (adj)

-$1.35

Previous: $0.14-1064.3%
Occupancy Percentage (rentable square feet)

99.6%

No prior period
Net Debt to Normalized EBITDAre

7

No prior period
Total Debt

$1.36B

No prior period
Net Debt

$1.16B

No prior period
Available Capacity

$82M

No prior period
Total Liquidity

$286M

No prior period
Weighted Average Debt Maturity (years)

3.3

No prior period
Fixed Rate Debt, including Swaps

82.0%

No prior period
Total Same Store Cash NOI

$39M

Previous: $37.5M+4.0%
Industrial Same Store Cash NOI

$12.5M

Previous: $11.8M+5.8%
Office Same Store Cash NOI

$26.5M

Previous: $25.7M+3.1%
Capital Expenditures

-$1.12M

Previous: -$1.85M+39.5%
Net Income

-$49.4M

Previous: $5.03M-1082.7%
Operating Income

-$37.9M

Previous: $13M-391.7%

Revenue & EPS history

Peakstone · Revenue · Quarterly

$57M

Q1 2025-3.8%vs Q1 2024
Beat estimate in 5 of 10 quarters(50%)
ActualEstimate

Revenue by segment

Peakstone · $8.3M total across 1 segment · Q3 2023

  • Other NOI
    $8.3M—

Forward guidance

BDC and REIT outlook emphasizes portfolio yield, leasing, and dividend coverage.

Tailwinds

  • Investment income or property cash flows support distributions.
  • Balance-sheet capacity for originations or redevelopment.

Headwinds

  • Credit marks, rates, and tenant health.
  • Capital markets affect refinancing and growth.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-0.0%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+1.3%

Avg return

30 days after

29%

6 / 21 earnings

Positive

+9.9%

Q1 2023

Best reaction

-12.5%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026———
Q3 2025-1.3%-6.1%-1.0%
Q2 2025-12.5%-10.6%-1.7%
Q1 2025+4.1%+8.7%+15.1%
Q4 2024-2.3%+2.4%+23.5%
Q3 2024+0.8%+0.5%+5.5%
Q2 2024+2.7%+1.1%+17.3%
Q1 2024-6.0%+3.9%-15.0%
Q4 2023+2.9%+4.1%+17.9%
Q3 2023+3.4%+9.8%+28.8%
Q2 2023-2.5%-3.9%-14.3%
Q1 2023+9.9%+10.9%+55.0%
Q2 2022+0.0%+0.0%-53.7%
Q4 2022+0.0%+0.0%-53.7%
Q3 2022+0.0%+0.0%+0.0%
Q1 2022+0.0%+0.0%-1.7%
Q2 2021+0.0%+0.0%+0.0%
Q4 2021+0.0%+0.0%+15.2%
Q3 2021+0.0%+0.0%-9.0%
Q1 2021+0.0%+0.0%-1.1%
Q4 2020+0.0%+0.0%+0.0%
Q2 2020+0.0%+0.0%+0.0%
Q3 2020———
Q1 2020———
Q4 2019———
Q3 2019———
Q2 2019———
Q1 2019———
Q4 2018———
Q3 2018———
Q2 2018———
Q1 2018———
Q4 2017———
Q3 2017———
Q2 2017———
Q1 2017———
Q4 2016———
Q3 2016———
Q2 2016———
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———
Q3 2014———
Q2 2014———
Q1 2014———
Q4 2013———
Q3 2013———
Q2 2013———
Q1 2013———

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