The earnings call highlighted successful lease renewals and portfolio stability, but these were offset by significant revenue declines, a net loss, and foreclosure proceedings, suggesting a challenging financial situation.

Company Guidance -

Q3 2025

During the American Strategic Investment Company's Second Quarter 2025 Earnings Call, the company reported an occupancy rate of 82%, consistent with the previous quarter, and emphasized their commitment to tenant retention and property improvements. They executed two lease renewals, extending the weighted average remaining lease term to six years and reducing near-term lease expirations to 7% of annualized straight-line rent. Additionally, 54% of leases now extend beyond 2030, up from 51% last quarter. The company aims to sell properties, including 123 William Street and 196 Orchard, to retire debt and reinvest in higher-yielding assets. Their New York City real estate portfolio, valued at $440 million and comprising approximately 1 million square feet, is primarily located in Manhattan. Second-quarter revenue was $12.2 million, down from $15.8 million in 2024, with a reported GAAP net loss of $41.7 million, compared to a $91.9 million loss in the prior year. Adjusted EBITDA was $0.4 million, down from $4.5 million in 2024, and cash net operating income was $4.2 million, compared to $7.4 million in the previous year. The lender for 1140 Avenue of the Americas commenced foreclosure proceedings during the quarter.

Lease Renewal Success

Executed 2 lease renewals extending the weighted average remaining lease term of the portfolio to 6 years, reducing near-term lease expirations from 12% to 7% of annualized straight-line rent.

Portfolio Stability

54% of leases now extend beyond 2030, up from 51% last quarter, with top 10 tenants being 77% investment grade or implied investment grade.

Strategic Property Sales

Continued marketing of 123 William Street and 196 Orchard for sale, with plans to use proceeds to retire debt and reinvest in higher-yielding assets.

New York City REIT (NYC) 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 >

NYC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 12, 2025	2025 (Q3)	- / -	-13.52	―	―	―
Aug 08, 2025	2025 (Q2)	- / -16.39	-36.48	55.07% (+20.09)
May 09, 2025	2025 (Q1)	- / -3.39	-3.28	-3.35% (-0.11)
Mar 19, 2025	2024 (Q4)	-2.06 / -2.60	-32.27	91.94% (+29.67)
Nov 12, 2024	2024 (Q3)	-2.62 / -13.52	-4.1	-229.76% (-9.42)
Aug 09, 2024	2024 (Q2)	-2.99 / -36.48	-4.77	-664.78% (-31.71)
May 10, 2024	2024 (Q1)	- / -	-5.77	―
Apr 01, 2024	2023 (Q4)	- / -3.28	-5.77	43.15% (+2.49)
Nov 09, 2023	2023 (Q3)	- / -4.10	-6.4	35.94% (+2.30)
Aug 11, 2023	2023 (Q2)	- / -4.77	-6.72	29.02% (+1.95)

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

NYC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 08, 2025	$13.05	$13.01	-0.31%
May 09, 2025	$11.46	$11.46	0.00%
Mar 19, 2025	$9.51	$9.90	+4.10%
Nov 12, 2024	$8.72	$8.64	-0.92%

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 New York City REIT (NYC) report earnings?

New York City REIT (NYC) is schdueled to report earning on Nov 12, 2025, Before Open (Confirmed).

What is New York City REIT (NYC) earnings time?

New York City REIT (NYC) earnings time is at Nov 12, 2025, Before Open (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 NYC EPS forecast?

Currently, no data Available

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