NYSE$PKST
Peakstone Realty Trust · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Griffin Realty Trust, Inc. reported results for the quarter ended September 30, 2021.
Griffin Realty Trust, Inc. reported total revenue of approximately $120.6 million and net income attributable to common stockholders of $0.01 per basic and diluted share for the quarter ended September 30, 2021. The company collected 100% of contractual rent due and achieved a 94.4% occupancy rate.
- Total revenue was approximately $120.6 million.
- Net income attributable to common stockholders was $0.01 per basic and diluted share.
- Adjusted Funds from Operations (AFFO) was $0.15 per basic and diluted share.
- The company collected 100% of contractual rent due in the quarter and achieved a 100% rental collections rate for the last two years.
Headline financials
Revenue & EPS history
Peakstone · Revenue · Quarterly
$121M
Revenue by segment
Peakstone · $8.3M total across 1 segment · Q3 2023
- Other NOI$8.3M—100.0%
Forward guidance
The company intends to balance strategic initiatives with opportunities for accretive growth, particularly in the industrial market. While our primary focus will be on industrial properties, we will selectively pursue acquisition opportunities for office properties leased to strong creditworthy tenants that offer attractive risk-adjusted returns.
Tailwinds
- Strategic initiatives
- Opportunities for accretive growth
- Focus on industrial market
- Acquisition opportunities for office properties
- Attractive risk-adjusted returns
Headwinds
- Ongoing COVID impacts
- Emerging inflationary headwinds
- Macro challenges
- Balance strategic initiatives
- Opportunities for accretive 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 Q3 2021
-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
| Quarter | Report date | Reaction (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% | |
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