The earnings call reflected a strong performance in leasing, development, and acquisition activities, along with an improved credit rating. Despite some market volatility and challenges in filling vacancies, the company demonstrated resilience and growth. The outlook remains positive with increased guidance in several areas.

Company Guidance -

Q3 2025

During the second quarter 2025 earnings call for STAG Industrial, the company provided several key metrics and guidance updates. The firm reported a core FFO per share of $0.63 for the quarter, marking a 3.3% increase from the previous year. The operating portfolio was 90.8% leased, achieving cash leasing spreads of 24.5%. The company also experienced same-store NOI growth of 3% for the quarter and 3.2% year-to-date. In terms of acquisitions, STAG closed on a 183,000 square foot building in Milwaukee for $18.4 million at a cash cap rate of 7.1%. The company revised its core FFO per share guidance to a range of $2.48 to $2.52, reflecting a $0.02 increase at the midpoint. Additionally, STAG's liquidity stood at $961 million at the quarter's end, and the firm expects cash leasing spreads for the year to be between 23% and 25%. The company's development platform includes approximately 3 million square feet, with 42% under construction and 58% delivered, with a current leasing rate of 69%.

Strong Leasing Performance

Leased 90.8% of the operating portfolio square feet expected for 2025, achieving cash leasing spreads of 24.5%.

Acquisition and Disposition Activity

Acquired a 183,000 square foot building for $18.4 million at a cash cap rate of 7.1% and sold a noncore building for $9.1 million with a cash cap rate of 7.4% and an unlevered IRR of 14%.

Development Progress

Approximately 3 million square feet of development activity across 12 buildings, with 42% under construction and the rest 69% leased.

Credit Rating Upgrade

Moody's raised STAG's corporate credit rating to Baa2 with a stable outlook.

FFO and Liquidity Strength

Core FFO per share increased by 3.3% to $0.63, with liquidity standing at $961 million.

Guidance Updates

Increased guidance for retention, credit loss reduction, and same-store cash NOI growth, leading to a core FFO per share guidance revision to a range of $2.48 to $2.52.

Stag Industrial (GB:0L98) 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 >

GB:0L98 Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	0.22 / -	0.23	―	―	―
Jul 29, 2025	2025 (Q2)	0.22 / 0.27	0.33	-18.18% (-0.06)
Apr 29, 2025	2025 (Q1)	0.19 / 0.49	0.2	145.00% (+0.29)
Feb 12, 2025	2024 (Q4)	0.20 / 0.28	0.23	21.74% (+0.05)
Oct 29, 2024	2024 (Q3)	0.17 / 0.23	0.28	-17.86% (-0.05)
Jul 30, 2024	2024 (Q2)	0.20 / 0.33	0.29	13.79% (+0.04)
Apr 30, 2024	2024 (Q1)	0.19 / 0.20	0.28	-28.57% (-0.08)
Feb 13, 2024	2023 (Q4)	0.18 / 0.23	0.17	35.29% (+0.06)
Oct 26, 2023	2023 (Q3)	0.18 / 0.28	0.35	-20.00% (-0.07)
Jul 26, 2023	2023 (Q2)	0.17 / 0.29	0.18	61.11% (+0.11)	―

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

GB:0L98 Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 29, 2025	$35.34	$35.63	+0.82%
Apr 29, 2025	$32.42	$32.31	-0.32%
Feb 12, 2025	$34.41	$34.48	+0.20%
Oct 29, 2024	$35.93	$36.59	+1.86%

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 Stag Industrial Inc (GB:0L98) report earnings?

Stag Industrial Inc (GB:0L98) is schdueled to report earning on Oct 23, 2025, After Close (Confirmed).

What is Stag Industrial Inc (GB:0L98) earnings time?

Stag Industrial Inc (GB:0L98) earnings time is at Oct 23, 2025, After Close (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 the P/E ratio of Stag Industrial Inc stock?

The P/E ratio of Stag Industrial is N/A.

What is GB:0L98 EPS forecast?

GB:0L98 EPS forecast for the fiscal quarter 2025 (Q3) is 0.22.

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