ONL - Orion Office REIT FFO of $0.48 beats by $0.06 revenue of $52M beats by $2.4M
2023-08-09 17:33:52 ET
- Orion Office REIT press release ( NYSE: ONL ): Q2 FFO of $0.48 beats by $0.06 .
- Revenue of $52M beats by $2.4M as compared to $52.8M a year ago
- Net Loss Attributable to Common Stockholders of $(15.7) million, or $(0.28) per share
- Funds from Operations (“FFO”) of $24.4 million, or $0.43 per share
- EBITDA of $20.4 million, EBITDAre of $32.2 million and Adjusted EBITDA of $32.7 million
- Net Debt to Annualized Adjusted EBITDA of 3.93x
- FY23 Core FFO per share Outlook of $1.55 - $1.63, vs. consensus of $1.63, revised from $1.59 - $1.63.
- Shares +3.42% AH
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Orion Office REIT FFO of $0.48 beats by $0.06, revenue of $52M beats by $2.4M