The earnings call presented a mixed picture with several positive aspects such as high occupancy, successful acquisitions, and positive rental reversion across geographies. However, there were challenges like revenue and net property income decline, distribution income decrease, and occupancy issues in the U.S. office market.

Company Guidance

During the call, several key metrics were highlighted, providing comprehensive guidance on the company's financial and operational performance. Portfolio occupancy remained high at 91.8%, with a positive rental reversion of 9.5% for leases renewed in the first half. Gearing was maintained at a healthy 37.4%, and the cost of debt stayed stable at 3.7%. Gross revenue in the first half decreased by 2% to $755 million, mainly due to property divestments in Singapore, Australia, and the U.S., though was partly offset by acquiring a DHL Logistics property in the U.S. Net property income (NPI) dipped slightly by 0.9% to $1 billion, while distribution income was stable at $331.1 million. Distribution per unit (DPU) slightly decreased to $7.477 due to an increase in the number of units. The company completed $1.2 billion in acquisitions, including the DHL Logistics Center in Indianapolis, and completed redevelopment projects with a total development cost of about $884 million. The portfolio's occupancy rates across different geographies varied, with Singapore at 91.2%, the U.S. at 87.3%, Australia increasing to 93.1%, and the U.K. and Europe stable at 98.9%. The company expects to maintain its cost of debt around 3.7% and plans to divest $300 million to $400 million worth of assets within the year.

Portfolio Occupancy and Rental Reversion

Portfolio occupancy remained high at 91.8%, with a high rental reversion of 9.5% for leases renewed in the first half.

Healthy Gearing and Debt Management

Gearing is healthy at 37.4%, with a stable cost of debt at 3.7%. The debt expiry profile is well spread out, with about $900 million due for refinancing per annum.

Acquisition and Redevelopment Success

The acquisition of DHL Logistics Center in the U.S. and the redevelopment of 1 Science Park Drive were completed, with a total development cost of about $884 million. Plans are set to add another $725 million of interim producing assets in Singapore.

Positive Rental Reversion Across Geographies

The total portfolio achieved a positive rental reversion of 8%, with Singapore at 7.8%, U.S. at 10.9%, and Australia at 3.5%.

Successful Divestment

Divested Parkside business-based property in the U.S. at a 45% premium to market valuation.

CapitaLand Ascendas REIT (ACDSF) 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

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ACDSF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 24, 2025	2025 (Q3)	- / -	0.058	―	―	―
Aug 04, 2025	2025 (Q2)	- / 0.06	0.058	0.00% (0.00)	―	―
May 06, 2025	2025 (Q1)	- / -	0.058	―	―	―
Feb 06, 2025	2024 (Q4)	- / 0.07	0.058	24.32% (+0.01)	―	―
Oct 25, 2024	2024 (Q3)	- / -	0.068	―	―	―
Jul 30, 2024	2024 (Q2)	- / 0.06	0.068	-13.79% (>-0.01)	―	―
Apr 22, 2024	2024 (Q1)	- / -	0.054	―	―	―
Feb 01, 2024	2023 (Q4)	0.05 / 0.06	0.054	5.71% (<+0.01)	―	―
Oct 27, 2023	2023 (Q3)	- / -	0.054	―	―	―
Jul 31, 2023	2023 (Q2)	0.06 / 0.07	0.054	24.29% (+0.01)	―	―

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

ACDSF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$2.19	$2.22	+1.37%
May 06, 2025	$1.79	$1.55	-13.41%
Feb 06, 2025	$1.72	$1.72	0.00%
Oct 25, 2024	$1.87	$1.89	+1.07%

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 CapitaLand Ascendas REIT (ACDSF) report earnings?

CapitaLand Ascendas REIT (ACDSF) is schdueled to report earning on Oct 24, 2025, After Close (Confirmed).

What is CapitaLand Ascendas REIT (ACDSF) earnings time?

CapitaLand Ascendas REIT (ACDSF) earnings time is at Oct 24, 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.

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What is ACDSF EPS forecast?

Currently, no data Available

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