Overview

* Orion Q3 revenue of $37.1 mln beats analyst expectations

* Net loss for Q3 widens to $69.0 mln from $10.2 mln last year

Outlook

* Company raises 2025 Core FFO per share guidance to $0.74-$0.76

* Orion lowers 2025 Net Debt to Adjusted EBITDA to 6.7x-7.2x

* Company narrows 2025 General and Administrative Expense to $19.5 mln-$20.0 mln

Result Drivers

* LEASING ACTIVITY - Completed 303,000 sq ft of leasing in Q3, contributing to portfolio stabilization

* DISPOSITION STRATEGY - Sold three properties for $21.8 mln in Q3 as part of ongoing portfolio transformation

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $37.12 $36.40

Revenue mln mln (1

Analyst)

Q3 Net -$69.03

Income mln

Analyst Coverage

* The one available analyst rating on the shares is "hold"

* The average consensus recommendation for the commercial reits peer group is "hold"

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)