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MERLIN Properties SOCIMI SA (ES:MRL)
BME:MRL
RESEARCH TOOLSreports
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.18Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 16, 2025
|% Change Since: -1.12%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Neutral
The earnings call indicates a company experiencing strong growth in key areas such as FFO and data centers, with high occupancy rates and successful asset sales. However, challenges remain with a decrease in NTA, lagging logistics performance, and potential CapEx delays. While the highlights suggest positive momentum, the lowlights indicate areas of concern that balance the overall outlook.Company Guidance
During the first quarter trading update call for MERLIN, CEO Ismael Clemente discussed the company's performance and guidance. Consolidated gross rents increased by 2.7%, and the funds from operations (FFO) rose by 16.9%, improving the FFO per share to minus 2.6% despite a capital increase. The net tangible assets (NTA) were at minus 4.8%. Occupancy remained strong at 96.7%, and the company completed €37.4 million in non-core asset sales. A final dividend of €0.40 was approved, with €0.22 payable on May 26. In the data center sector, MERLIN acquired two sites in Madrid, adding 115 megawatts of power capacity. For the rest of 2025, the company maintained its guidance of €0.54 FFO, with potential for slight improvement, while expressing a cautious outlook due to economic uncertainties.Significant FFO Increase
FFO increased by almost 17%, significantly improving margins and nearly offsetting dilution from the capital increase.
Expansion in Data Centers
Acquired two sites in Madrid with 115 megawatts available, allowing for the development of 78 megawatts of IT capacity. Pre-letted 6 megawatts in Barcelona, enhancing leadership in the Iberian Peninsula.
High Occupancy Rates
Maintained a high occupancy rate of 96.7% across the portfolio, with an organic growth of 2.7% like-for-like.
Strong Performance in Shopping Centers
Shopping centers showed a strong performance with a release spread of 3%, described as performing like a rocket.
Asset Sales at Premium
Sold €37.4 million of non-core assets at a low double-digit premium, with more sales signed for 2025.
ES:MRL Earnings History
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
ES:MRL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 16, 2025 | €10.67 | €10.64 | -0.28% |
Feb 28, 2025 | €10.38 | €10.23 | -1.42% |
Nov 15, 2024 | €9.40 | €9.56 | +1.64% |
Jul 19, 2024 | €9.93 | €9.95 | +0.20% |
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 MERLIN Properties SOCIMI SA (ES:MRL) report earnings?
MERLIN Properties SOCIMI SA (ES:MRL) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is MERLIN Properties SOCIMI SA (ES:MRL) earnings time?
MERLIN Properties SOCIMI SA (ES:MRL) 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.
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 MERLIN Properties SOCIMI SA stock?
The P/E ratio of MERLIN Properties SOCIMI SA is N/A.
What is ES:MRL EPS forecast?
Currently, no data Available