The earnings call highlighted several strategic moves aimed at stabilizing and improving the portfolio's long-term value, including lease renewals and debt reduction strategies. However, these positives were overshadowed by significant declines in revenue and adjusted EBITDA, as well as ongoing foreclosure proceedings.

Company Guidance

During the American Strategic Investment Company's second quarter 2025 earnings call, key metrics and strategic guidance were shared. The occupancy rate remained flat at 82% compared to the previous quarter, with efforts focused on leasing and retaining tenants. The company executed two lease renewals, extending the average lease term to six years. Near-term lease expirations dropped to 7% of annualized straight-line rent, down from 12% in the previous quarter, while 54% of leases now extend beyond 2030. The tenant base remains strong, with 77% of top 10 tenants being investment grade or implied investment grade. Revenue for the quarter was $12.2 million, down from $15.8 million the previous year, primarily due to the sale of 9 Times Square. The net loss was reduced to $41.7 million, compared to $91.9 million in the prior year's second quarter. Adjusted EBITDA stood at $0.4 million, a decrease from $4.5 million, and cash net operating income was $4.2 million, down from $7.4 million. The company is exploring the sale of properties like 123 William Street and 196 Orchard to retire debt and reinvest in higher-yielding assets, aiming to enhance long-term portfolio value and maximize shareholder returns.

Lease Renewal Success

During the quarter, two lease renewals were executed, extending the weighted average remaining lease term of the portfolio to 6 years, with 54% of leases now extending beyond 2030, up from 51% last quarter.

Reduction in Near-Term Lease Expirations

The company reduced near-term lease expirations to 7% of annualized straight-line rent from 12% at the end of the last quarter.

Portfolio Stability

77% of the top 10 tenants are investment grade or implied investment grade, providing significant portfolio stability.

Debt Reduction Strategy

The company is marketing 123 William Street and 196 Orchard for sale, intending 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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