OLP FY2026 earnings: results, stock reaction and implied move

Reported results

Total revenues were $26.6 million for the third quarter of 2026, an 11.9% increase from $23.77 million in the third quarter of 2025.
GAAP net income per share attributable to common stockholders – diluted was $0.04 for the third quarter of 2026, compared to $0.48 in the third quarter of 2025.
GAAP net income attributable to OLP was $1,096 thousand for the third quarter of 2026, down 89.5% from $10,478 thousand in the prior year quarter.
Non-GAAP FFO per share – diluted was $0.45 for the third quarter of 2026, an increase of 7.1% from $0.42 per share in the third quarter of 2025.
Non-GAAP AFFO per share – diluted was $0.50 for the third quarter of 2026, an increase of 8.7% from $0.46 per share in the third quarter of 2025.

The Company estimates that the acquired property in Ocala, Florida will initially generate annual rental income of approximately $890,000.
Post quarter-end property sales of approximately $25.1 million are estimated to generate net proceeds of approximately $24.5 million and a net gain of approximately $8.6 million.

The figures above come from the earnings release the company filed with the SEC on 2026-11-03 (8-K, Item 2.02). Read the original filing on sec.gov.