Orion Q2 revenue beats expectations, raises 2025 Core FFO guidance

Orion Properties

06/08/2025 21:25

Overview

Orion Q2 revenue of $37.3 mln beats analyst expectations, per LSEG data

Co raises 2025 Core FFO guidance and lowers net debt to adj EBITDA range

Completed 639,000 sq ft of leasing YTD, in Q2 sold four properties for $26.9 mln

Outlook

Company raises 2025 Core FFO guidance to $0.67-$0.71 per share

Orion lowers 2025 Net Debt to Adjusted EBITDA range to 7.3x-8.3x

Company maintains 2025 General and Administrative Expense guidance at $19.5 mln-$20.5 mln

Result Drivers

LEASING ACTIVITY - Completed 639,000 sq ft of leasing YTD, including 179,000 sq ft in Q2

ASSET SALES - Sold four vacant properties for $26.9 mln in Q2

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$37.30 mln
$36.50 mln (1 Analyst)
Q2 Net Income
-$25.10 mln
Q2 Adjusted EBITDA
$18 mln
Q2 Adjusted FFO
Beat
$11.50 mln
$0.17 (1 Analyst)
Q2 FFO
$8.90 mln


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the commercial reits peer group is "hold"

Press Release: ID:nBw4md6Tma

(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.)