Orion Office REIT Inc. (ONL) Reports Q2 Loss of $0.60, provides guidance

Orion Office REIT Inc. (NYSE: ONL) reported Q2 EPS of ($0.60). Revenue for the quarter came in at $40.1 million versus the consensus estimate of $41.3 million.

Guidance:
The Company expects its 2024 Core FFO per diluted share to be in a range between $0.97 and $1.01. This guidance assumes:

General & Administrative Expenses: $19.5 million to $20.5 million
Net Debt to Adjusted EBITDA: 6.2x to 6.6x

For earnings history and earnings-related data on Orion Office REIT Inc. (ONL) click here.

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