Quarterly ResultAug 5, 2026, 04:45 PM
One Liberty Properties Q2 Net Income $15.66M; EPS $0.72
AI Summary
One Liberty Properties reported a significant increase in net income and EPS for the second quarter and first half of 2026. Net income attributable to the company rose to $15.66 million for Q2 2026, with basic EPS reaching $0.72. The company also saw growth in rental income and substantial gains from real estate sales, acquiring $57.50 million in new properties while divesting $36.68 million. An impairment loss of $142,000 was recognized on one property.
Key Highlights
- Net income attributable to OLP for Q2 2026 increased to $15.66M from $8.43M YoY.
- Basic EPS for Q2 2026 rose to $0.72 from $0.39 YoY.
- Rental income, net for Q2 2026 was $27.00M, up from $24.48M YoY.
- Gain on sale of real estate, net for Q2 2026 was $13.43M, up from $6.53M YoY.
- Total assets as of June 30, 2026, were $872.11M, up from $857.57M at Dec 31, 2025.
- Acquired $57.50M in real estate properties during the six months ended June 30, 2026.
- Sold $36.68M in real estate properties during the six months ended June 30, 2026.
- Recognized a $142K impairment loss on a retail property in Chicago.
Price Impact
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