The earnings call reflected a positive sentiment with strong leasing activity, progress in development projects, and financial improvements. However, it was tempered by a net loss, leasing challenges, and increased expenses.

Company Guidance -

Q3 2025

During the Nexus Industrial REIT's Second Quarter 2025 Results Conference Call, the company reported a net operating income increase of 1.7% to $32.2 million compared to the previous year, despite selling 33 properties in the office, retail, and non-core industrial sectors. Key growth drivers included strong leasing activity, which saw nearly 400,000 square feet of new leases and renewals with a 38% rent lift, as well as significant developments and property acquisitions. The REIT completed construction on two projects, with one yielding an 11% unlevered return and another transitioning to a 9% yield on a $55 million development cost. Notably, the REIT's normalized FFO increased by 6% to $0.188 per unit, and AFFO rose by 7% to $0.159 per unit. Additionally, Nexus expanded its credit facility by $160 million, extending its total to $785 million. Despite a net loss of $7.6 million due to fair value adjustments, the REIT remains focused on its strategy as a Canada-focused industrial REIT.

Net Operating Income Increase

Net operating income increased by 1.7% to $32.2 million compared to a year ago, despite selling 33 properties over the past 12 months.

Strong Leasing Activity

Nearly 400,000 square feet of new leases and renewals were completed, resulting in a rent lift of 38% on renewals.

Successful Lease Backfill

Signed a 15-year lease with a large construction services firm for a 223,000 square foot building in London, Ontario, shortly after it was vacated.

Development Project Progress

Construction of two development properties advanced, with one project expected to deliver an 11% unlevered return on investment.

Financial Metrics Improvement

Normalized FFO increased by 6% to $0.188 per unit and normalized AFFO increased by 7% to $0.159 per unit compared to a year ago.

Credit Facility Upsize

Upsized existing syndicated committed credit facility by $160 million to a total of $785 million, extending its expiry.

Nexus Real Estate Investment (EFRTF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

EFRTF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 18, 2025	2025 (Q3)	- / -	-0.354	―	―	―
Aug 11, 2025	2025 (Q2)	- / -0.06	0.336	-117.46% (-0.39)	―
May 14, 2025	2025 (Q1)	- / 0.25	0.338	-24.84% (-0.08)	―
Mar 10, 2025	2024 (Q4)	- / 0.38	0.017	2195.65% (+0.37)	―
Nov 11, 2024	2024 (Q3)	- / -0.35	0.616	-157.53% (-0.97)	―
Aug 15, 2024	2024 (Q2)	- / 0.34	0.632	-46.85% (-0.30)	―
May 15, 2024	2024 (Q1)	- / 0.34	0.03	1011.90% (+0.31)	―
Mar 14, 2024	2023 (Q4)	- / 0.02	-0.15	111.11% (+0.17)	―
Nov 14, 2023	2023 (Q3)	- / 0.62	0.367	67.98% (+0.25)	―
Aug 11, 2023	2023 (Q2)	- / 0.63	0.732	-13.56% (-0.10)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

EFRTF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 11, 2025	$5.65	$5.65	0.00%
May 14, 2025	$4.96	$5.05	+1.81%
Mar 10, 2025	$4.79	$4.78	-0.21%
Nov 11, 2024	$5.50	$5.43	-1.27%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Nexus Real Estate Investment Trust (EFRTF) report earnings?

Nexus Real Estate Investment Trust (EFRTF) is schdueled to report earning on Nov 18, 2025, TBA (Confirmed).

What is Nexus Real Estate Investment Trust (EFRTF) earnings time?

Nexus Real Estate Investment Trust (EFRTF) earnings time is at Nov 18, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is EFRTF EPS forecast?

Currently, no data Available

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