The earnings call reflects a strong operational and financial performance with notable achievements in leasing activity and acquisitions, supported by a robust balance sheet. However, there are some challenges related to lease renewals and market rent growth that need to be addressed. Overall, the positive aspects slightly outweigh the lowlights.

Company Guidance

During the Plymouth Industrial REIT Second Quarter 2025 Earnings Call, the company reaffirmed its full-year 2025 core FFO guidance, highlighting key metrics that illustrate strong performance and strategic execution. The company reported leasing over 1.4 million square feet in Q2, bringing the year-to-date total to nearly 6 million square feet, effectively addressing about 70% of 2025 lease expirations with a blended cash rent spread of over 13%. They closed $204 million in acquisitions, including the significant Ohio Light industrial portfolio, acquired at a 6.7% yield with rents 22% below market, offering future growth potential. Operationally, same-store NOI rose by 4.1% on a cash basis, with anticipated year-end same-store occupancy of 96.5%. The company maintained strong balance sheet flexibility, with $285 million available on its unsecured credit line and 74.5% of debt fixed, all while executing a share repurchase program, acquiring over 805,000 shares in the quarter. Looking ahead, Plymouth plans to deploy the remaining $91 million of its strategic capacity, balancing acquisitions and share repurchases.

Strong Leasing Activity

Commenced over 1.4 million square feet of leasing in Q2, bringing the year-to-date total to nearly 6 million square feet, addressing 70% of 2025 lease expirations with blended cash rent spreads of over 13%.

Significant Acquisitions

Closed on $204 million of acquisitions in Q2, including the Ohio Light industrial portfolio, acquired at an initial yield of 6.7% with in-place rents approximately 22% below market.

Operational Success

Same-store NOI grew 4.1% on a cash basis, with occupancy expected to be near 96.5% by year-end, driven by leasing success and tenant retention.

Strong Balance Sheet

Ended the quarter with over $285 million of availability on the unsecured credit line and 74.5% of debt fixed, with no debt maturities in 2025.

Share Repurchase Program

Acquired over 805,000 shares in the quarter and another 225,000 shares post quarter end.

Plymouth Industrial Reit (PLYM) 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 >

PLYM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	-0.15 / -	-0.35	―	―	―
Aug 06, 2025	2025 (Q2)	-0.18 / -0.14	0.03	-566.67% (-0.17)	―
May 01, 2025	2025 (Q1)	-0.10 / 0.13	0.14	-7.14% (-0.01)	―
Feb 26, 2025	2024 (Q4)	0.03 / 3.24	0.2	1520.00% (+3.04)	―
Nov 06, 2024	2024 (Q3)	0.03 / -0.35	0.17	-305.88% (-0.52)	―
Jul 31, 2024	2024 (Q2)	-0.04 / 0.03	-0.08	137.50% (+0.11)	―
May 01, 2024	2024 (Q1)	-0.04 / 0.14	-0.1	240.00% (+0.24)	―
Feb 21, 2024	2023 (Q4)	-0.04 / 0.20	-0.11	281.82% (+0.31)	―
Nov 02, 2023	2023 (Q3)	-0.07 / 0.17	-0.19	189.47% (+0.36)	―
Aug 03, 2023	2023 (Q2)	-0.11 / -0.08	-0.17	52.94% (+0.09)	―

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

PLYM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$14.25	$14.45	+1.40%
May 01, 2025	$14.76	$15.12	+2.44%
Feb 26, 2025	$16.14	$16.34	+1.24%
Nov 06, 2024	$20.40	$19.82	-2.84%

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 Plymouth Industrial Reit Inc (PLYM) report earnings?

Plymouth Industrial Reit Inc (PLYM) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).

What is Plymouth Industrial Reit Inc (PLYM) earnings time?

Plymouth Industrial Reit Inc (PLYM) earnings time is at Oct 30, 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 PLYM EPS forecast?

PLYM EPS forecast for the fiscal quarter 2025 (Q3) is -0.15.

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