The earnings call reflected a strong performance in the second quarter, with significant achievements in occupancy, leasing spreads, and successful capital transactions. Despite some challenges in the residential market and strategic lease terminations, the overall outlook remains positive.

Company Guidance -

Q3 2025

During the Choice Properties Real Estate Investment Trust's Q2 2025 earnings call, several key metrics were highlighted to illustrate the company's strong performance and strategic direction. The company maintained near full occupancy levels at 97.8%, driven by robust demand for grocery-anchored retail and industrial assets. It achieved a 3.9% growth in funds from operations (FFO) per unit and exceptional leasing spreads of 24%, reflecting the high quality of its assets. The industrial portfolio saw occupancy increase by 30 basis points to 98%, and the company executed approximately $427 million in total real estate transactions, enhancing its portfolio quality. Additionally, the company completed 321,000 square feet of new leasing and achieved strong renewal spreads, with retail lease renewal spreads averaging 13.2% above expiring rents and industrial lease rate renewals averaging 38.9% above expiry. Same-Asset Net Operating Income (NOI) grew by 1.4%, and the company's IFRS Net Asset Value (NAV) increased by 1.5% to $14.38 per unit. These metrics underscore Choice Properties' resilience and strategic execution in a stable yet uncertain macroeconomic environment.

Near Full Occupancy

Achieved a near full occupancy rate of 97.8%, indicating strong demand for their assets.

FFO Per Unit Growth

Delivered a 3.9% growth in FFO per unit, showcasing solid financial performance.

Exceptional Leasing Spreads

Achieved exceptional leasing spreads of 24%, highlighting the quality of their assets.

Strong Industrial Portfolio Performance

Industrial portfolio occupancy increased by 30 basis points to 98% with strong leasing spreads.

Capital Recycling Program Success

Completed approximately $427 million in total real estate transactions, enhancing portfolio quality.

Loblaw Lease Renewals

Renewed 39 Loblaw locations totaling 2.5 million square feet at an 8.6% increase over expiring rents.

Choice Properties Real Estate Investment (PPRQF) 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 >

PPRQF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	- / -	-0.663	―	―	―
Jul 18, 2025	2025 (Q2)	- / -0.15	0.513	-130.04% (-0.67)
Apr 23, 2025	2025 (Q1)	- / -0.10	0.143	-167.51% (-0.24)
Feb 12, 2025	2024 (Q4)	- / 0.79	-0.446	277.60% (+1.24)
Nov 06, 2024	2024 (Q3)	- / -0.66	0.436	-252.16% (-1.10)
Jul 18, 2024	2024 (Q2)	- / 0.51	0.536	-4.19% (-0.02)
Apr 24, 2024	2024 (Q1)	- / 0.14	0.271	-47.33% (-0.13)
Feb 14, 2024	2023 (Q4)	- / -0.45	-0.579	23.00% (+0.13)
Nov 08, 2023	2023 (Q3)	- / 0.44	0.948	-54.05% (-0.51)	―
Jul 20, 2023	2023 (Q2)	- / 0.54	-0.012	4725.00% (+0.55)

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

PPRQF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 18, 2025	$10.73	$11.02	+2.70%
Apr 23, 2025	$10.23	$10.43	+1.96%
Feb 12, 2025	$9.00	$9.32	+3.56%
Nov 06, 2024	$9.56	$9.74	+1.88%

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 Choice Properties Real Estate Investment Trust (PPRQF) report earnings?

Choice Properties Real Estate Investment Trust (PPRQF) is schdueled to report earning on Nov 05, 2025, Before Open (Confirmed).

What is Choice Properties Real Estate Investment Trust (PPRQF) earnings time?

Choice Properties Real Estate Investment Trust (PPRQF) earnings time is at Nov 05, 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?

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What is PPRQF EPS forecast?

Currently, no data Available

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