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Land Securities Group plc REIT (GB:LAND)
LSE:LAND
RESEARCH TOOLSreports
Earnings Data
Report Date
Nov 18, 2025TBA Not Confirmed
Period Ending
2026 (Q2)Consensus EPS Forecast
0.26Last Year’s EPS
0.25Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 16, 2025
|% Change Since: 3.31%
|Next Earnings Date:Nov 18, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive overall sentiment, with strong operational performance and strategic investments driving growth. However, there are challenges related to rising debt levels, finance lease expiries, and interest costs that need to be addressed.Company Guidance
During the call, Landsec outlined several metrics pointing to a positive outlook for the company. They reported a 5% overall like-for-like income growth, with London and retail contributing significantly, covering 83% of the business. Occupancy rose by 100 basis points to 97.2%, and the portfolio value increased by 1.1%, driven by a 4.2% growth in estimated rental value (ERV). Despite facing a 10% EPS headwind from rising interest costs, the company expects a 20% EPS growth over the next five years. Current EPS grew by 0.4%, exceeding initial guidance, and dividends increased by 2%. Landsec aims for a net debt to EBITDA of less than 8 times and maintains a loan-to-value ratio of around the mid-30s, with the current LTV at just over 38%. The strategic focus includes a capital rotation into high-yielding retail and residential sectors, targeting a 30% EPS growth by 2030. Operational efficiencies are projected to reduce overheads by 23% over four years, contributing further to EPS growth.Strong Operational Performance
Landsec reported high like-for-like income growth across both London and retail sectors, which constitute 83% of the business. Like-for-like income growth was up 5%, with uplifts on relettings and renewals in retail and London rising to 8%.
Positive EPS Growth Outlook
The outlook for EPS growth in the near term is positive, with an expected 20% growth in EPS over the next five years. This is despite a projected 10% EPS headwind from rising interest costs and a finance lease expiry.
Record Occupancy Levels
Occupancy increased by 100 basis points to 97.2%, reflecting strong demand for high-quality spaces in both London and major retail portfolios.
Strategic Investments in Retail
Invested over GBP600 million into top retail destinations Liverpool ONE and Bluewater, while selling around GBP655 million of assets, mostly in subscale sectors.
Dividend Increase
Dividend increased by 2%, in line with guidance, and NTA per share increased by 1.7%, resulting in a 6.4% return on equity.
Land Securities Group plc REIT (GB:LAND) Earnings, Revenues Date & History
GB:LAND 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
GB:LAND Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 16, 2025 | 603.50p | 603.00p | -0.08% |
Nov 15, 2024 | 561.91p | 586.13p | +4.31% |
May 17, 2024 | 646.39p | 629.52p | -2.61% |
Nov 14, 2023 | 550.63p | 586.49p | +6.51% |
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 Land Securities Group plc REIT (GB:LAND) report earnings?
Land Securities Group plc REIT (GB:LAND) is schdueled to report earning on Nov 18, 2025, TBA Not Confirmed.
What is Land Securities Group plc REIT (GB:LAND) earnings time?
Land Securities Group plc REIT (GB:LAND) earnings time is at Nov 18, 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 Land Securities Group plc REIT stock?
The P/E ratio of Land Securities Group plc REIT is N/A.
What is GB:LAND EPS forecast?
GB:LAND EPS forecast for the fiscal quarter 2026 (Q2) is 0.26.