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Earnings Call Summary | Orion Office Reit(ONL.US) Q1 2024 Earnings Conference

Earnings Call Summary | Orion Office Reit(ONL.US) Q1 2024 Earnings Conference

業績電話會議摘要 | 獵戶座辦公房地產投資信託基金(ONL.US)2024 年第一季度業績會議
富途資訊 ·  05/10 04:28  · 電話會議

The following is a summary of the Orion Office REIT Inc. (ONL) Q1 2024 Earnings Call Transcript:

以下是獵戶座辦公室房地產投資信託基金公司(ONL)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Orion's total revenues for Q1 2024 were $47.2 million, a drop from $50.2 million in Q1 2023.

  • The company incurred a net loss attributable to common stockholders of $26.2 million or $0.47 per share, compared to a net loss of $8.9 million or $0.16 per share in Q1 2023.

  • Core FFO for Q1 2024 was $20.4 million or $0.36 per share, down from $25.3 million or $0.45 per share in Q1 2023. Adjusted EBITDA was $26.7 million versus $31.2 million in Q1 2023.

  • 獵戶座2024年第一季度的總收入爲4,720萬美元,低於2023年第一季度的5,020萬美元。

  • 該公司歸屬於普通股股東的淨虧損爲2620萬美元,合每股虧損0.47美元,而2023年第一季度的淨虧損爲890萬美元,合每股虧損0.16美元。

  • 2024年第一季度的核心FFO爲2,040萬美元,合每股0.36美元,低於2023年第一季度的2530萬美元或每股0.45美元。調整後的息稅折舊攤銷前利潤爲2670萬美元,而2023年第一季度爲3,120萬美元。

Business Progress:

業務進展:

  • Orion showed considerable leasing momentum in Q1 2024, more than doubling the signing of new and renewal leasing from the previous year.

  • The sale of 17 properties totaling 1.8 million square feet allowed Orion to reduce debt by over $145 million, enhancing their resources and allowing them to focus on properties with strong long-term re-leasing prospects.

  • Retention of existing tenants, filling of vacant spaces, the sale of non-core assets and the establishment of a portfolio of well-leased, long-term properties remain the company's primary focus.

  • The company's board declared a Q2 2024 quarterly cash dividend of $0.10 per share, payable on July 15, 2024.

  • Reiterating its guidance, the company expects its core FFO to range between $0.93 to $1.01 per share, G&A to be in the range of $19.5 million to $20.5 million and net debt to adjusted EBITDA in the range of 6.2 times to 7.0 times.

  • 獵戶座在2024年第一季度表現出可觀的租賃勢頭,是去年簽署的新租賃和續訂租賃的兩倍多。

  • 出售總面積爲180萬平方英尺的17處房產使Orion減少了超過1.45億美元的債務,增加了資源,使他們能夠專注於具有強勁長期再租賃前景的房產。

  • 留住現有租戶、填補空置空間、出售非核心資產以及建立租賃良好的長期物業投資組合仍然是公司的主要重點。

  • 該公司董事會宣佈2024年第二季度每股0.10美元的季度現金股息,將於2024年7月15日支付。

  • 該公司重申其指導方針,預計其核心FFO將在每股0.93美元至1.01美元之間,G&A將在1,950萬美元至2,050萬美元之間,淨負債佔調整後息稅折舊攤銷前利潤的6.2倍至7.0倍之間。

More details: Orion Office Reit IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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