The earnings call highlighted some positive leasing achievements and commitments to sustainability. However, these are overshadowed by significant financial challenges, including a sharp decline in revenue, increased interest expenses, and liquidity constraints. The overall sentiment reflects a company struggling with a difficult market environment and financial pressures.
Company Guidance
During the Office Properties Income Trust's First Quarter 2025 Earnings Conference Call, key guidance metrics were discussed. The company anticipates normalized Funds From Operations (FFO) for the second quarter to range between $0.09 and $0.11 per share, up from the first quarter's $0.06 per share. This increase is attributed to higher net operating income (NOI) driven by lower seasonal operating expenses and stronger performance from their Washington D.C. hotel. For recurring general and administrative expenses, a forecast of $5 million for Q2 was given. Additionally, they project a same property cash basis NOI decrease of 10% to 12% compared to the second quarter of 2024, largely due to tenant vacancies and increased free rent. Capital expenditures for 2025 have been revised down from $80 million to approximately $75 million. The company is facing liquidity constraints with $73 million in cash and is evaluating options to address upcoming maturities, including $120 million due in March 2026 and $134 million due in June 2026.
Leasing Achievements
Executed 11 leases totaling 223,000 square feet with a weighted average lease term of 10.3 years and a 13.5% roll up in rent.
Sustainability Commitment
Highlighted the publication of the Aramark Group's Annual Sustainability Report, showing commitment to corporate sustainability practices.
Office Properties Income (OPI) 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
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
OPI Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Apr 30, 2025
$0.41
$0.34
-17.07%
Feb 13, 2025
$0.94
$0.88
-6.38%
Oct 30, 2024
$1.89
$1.53
-19.05%
Jul 31, 2024
$2.38
$2.55
+7.14%
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 Office Properties Income Trust (OPI) report earnings?
Office Properties Income Trust (OPI) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Office Properties Income Trust (OPI) earnings time?
Office Properties Income Trust (OPI) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.