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Orion Office REIT (ONL)
NYSE:ONL
Earnings Data
Report Date
Nov 06, 2025After Close (Confirmed)
Period Ending
2025 (Q3)Consensus EPS Forecast
―Last Year’s EPS
-0.18Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call highlighted strong leasing activity, successful property dispositions, and a strategic shift towards more durable asset types, which are positive aspects. However, the company also faced a decline in total revenues, decreased core FFO and EBITDA, and increased CapEx and leasing costs. Overall, the sentiment of the call is mixed, with both positive progress and ongoing challenges.Company Guidance
Strong Leasing Activity
Leasing momentum continued with 639,000 square feet completed as of July 31, 2025. This includes new and renewal transactions with a weighted average lease term of 6.4 years. Notable leases include a 15.7-year agreement for 46,000 square feet in Parsippany, New Jersey, and a 7.6-year agreement for 23,000 square feet in Plano, Texas.
Increase in Operating Property Occupancy
Orion's operating property occupancy rate increased to 77.4% at quarter end, a rise of 310 basis points sequentially. The operating property lease rate increased to 79.1%, up by 170 basis points sequentially.
Successful Property Dispositions
Closed on the sale of 4 vacant properties totaling 434,000 square feet for $26.9 million. Additionally, agreements are in place to sell 5 traditional office properties totaling 540,000 square feet for $57 million.
Shift Towards Dedicated Use Assets (DUA)
Approximately 32.2% of Orion's portfolio by annualized base rent and 25.3% by square footage are DUA properties. This percentage is expected to increase through future disposition activity and targeted acquisitions.
Improved Financial Outlook
Core FFO guidance for 2025 has been raised to $0.67 to $0.71 per diluted share. Net debt to adjusted EBITDA is expected to range from 7.3x to 8.3x, down from earlier guidance.
ONL 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
ONL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Aug 06, 2025 | $2.56 | $2.53 | -1.17% |
May 07, 2025 | $1.97 | $1.92 | -2.54% |
Mar 05, 2025 | $3.78 | $2.67 | -29.37% |
Nov 07, 2024 | $3.79 | $3.89 | +2.64% |
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 Orion Office REIT (ONL) report earnings?
Orion Office REIT (ONL) is schdueled to report earning on Nov 06, 2025, After Close (Confirmed).
What is Orion Office REIT (ONL) earnings time?
Orion Office REIT (ONL) earnings time is at Nov 06, 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.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ONL EPS forecast?
Currently, no data Available