Real estate firm Maui Land & Pineapple's Q3 operating revenues rise

Maui Land & Pineapple

14/11/2025 21:48

Overview

Maui Land & Pineapple Q3 operating revenues up 83.1% yr/yr, driven by leasing growth

Company's recurring leasing revenue increased 39% year-to-date compared to 2024

Net loss increased due to $6.9 mln pension expense, impacting financial results

Outlook

Company anticipates continued increases in recurring net operating income as occupancy stabilizes

Company expects to reduce share-based compensation expenses in future periods

Result Drivers

LEASING REVENUE - Co reports 39% increase in recurring leasing revenue year-to-date due to new tenants and improved occupancy

LAND DEVELOPMENT - Sale of three land parcels contributed to improved net operating income in land development segment

AGRICULTURE VENTURE - Co launched new agave agriculture venture, planting 15,000 plants to develop value-added products

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
9M Net Income
-$9.40 mln
9M Basic EPS
-$0.48
9M Operating Income
-$2.85 mln


Press Release: ID:nGNX29B7dF

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)