Reported results
- GAAP net income was $49.794 million for the three months ended September 30, 2026, compared to $43.744 million for the three months ended September 30, 2025.
- GAAP diluted EPS was $0.41 for the quarter ended September 30, 2026, compared to $0.37 for the quarter ended September 30, 2025.
- GAAP total revenues reached $208.759 million for the quarter ended September 30, 2026.
- Non-GAAP diluted FFO per share, as adjusted for comparability was $0.71 for the three months ended September 30, 2026.
- Non-GAAP Same Property cash NOI increased 3.2% for the quarter ended September 30, 2026 compared to the same period in 2025.
- Non-GAAP Adjusted EBITDA was $111.390 million for the three months ended September 30, 2026.
Guidance
- For the quarter ending December 31, 2026, expected GAAP diluted EPS is $0.29 to $0.31.
- For the quarter ending December 31, 2026, expected non-GAAP diluted FFOPS, as adjusted for comparability is $0.68 to $0.70.
- For the full year ending December 31, 2026, expected GAAP diluted EPS is $1.43 to $1.45.
- For the full year ending December 31, 2026, expected non-GAAP diluted FFOPS, as adjusted for comparability is $2.79 to $2.81.
Price and volatility reaction
The stock moved -2.6% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved +38.7 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 34.25 | 2026-10-29 |
| Close after release | 33.35 | 2026-10-30 |
| Realised move | -2.6% | close to close |
| 30d ATM IV change | +38.7 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.
