The earnings call reflects a balanced performance for Artis REIT. While there were significant achievements such as increased occupancy and successful property dispositions contributing to deleveraging, challenges such as elevated payout ratios and increased debt utilization indicate areas of concern. The sentiment remains cautious as the company navigates strategic reviews and market conditions.

Company Guidance -

Q3 2025

During the Artis Real Estate Investment Trust Second Quarter 2025 Results Conference Call, the company provided detailed financial guidance and strategic insights. Artis REIT reported an occupancy increase to 87.8% as of June 30, 2025, up from 87.1% at the end of March, driven by a new 80,600 square foot lease in their U.S. industrial portfolio. They completed 210,643 square feet of renewals with rental rates rising by 3.6%. The company emphasized its focus on deleveraging, closing the sale of a Canadian retail property for $4.8 million and going unconditional on a U.S. land parcel sale for USD 11.3 million. Their debt to gross book value was at 41.1%, while net asset value per unit stood at $12.98. During the quarter, Artis drew a net of $232.6 million on their credit facilities to repay maturing debentures, with $271.6 million drawn on the revolving facility and $170 million on the non-revolving facility. The call highlighted their commitment to reducing leverage, managing mortgage maturities, and engaging in strategic unit repurchases under their NCIB, acquiring 1.77 million common units at $7.28 each. Additionally, Artis is exploring strategic options for the Cominar portfolio, with discussions ongoing and an optimistic outlook for resolution by year-end.

Increase in Occupancy Rates

Occupancy rose to 87.8% as of June 30, up from 87.1% at March 31, driven by leasing activities including a new 80,600 square foot lease in the U.S. industrial portfolio.

Successful Property Dispositions

Artis closed on the sale of a Canadian retail property for $4.8 million and went unconditional on the sale of a 90% interest in U.S. development land for USD 11.3 million, aiding in deleveraging efforts.

Deleveraging and Balance Sheet Strengthening

Debt to gross book value stood at 41.1% compared to 40.2% at the most recent year-end, reflecting efforts to reduce leverage and strengthen liquidity.

Unit Repurchase Program

Repurchased 3.8 million common units at an average price of $7.42, reflecting confidence in the intrinsic value of the business.

Artis Real Estate Investment (TSE:AX.UN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:AX.UN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	- / -	-0.143	―	―	―
Aug 07, 2025	2025 (Q2)	- / -0.27	-0.024	-1029.17% (-0.25)	―
May 08, 2025	2025 (Q1)	- / 0.08	-0.096	185.42% (+0.18)	―
Mar 06, 2025	2024 (Q4)	- / -0.32	-0.838	61.81% (+0.52)	―
Nov 07, 2024	2024 (Q3)	- / -0.14	-1.288	88.90% (+1.15)	―
Aug 08, 2024	2024 (Q2)	- / -0.02	-0.782	96.93% (+0.76)	―
May 02, 2024	2024 (Q1)	- / -0.10	-0.224	57.14% (+0.13)	―
Feb 29, 2024	2023 (Q4)	- / -0.84	-1.138	26.36% (+0.30)	―
Nov 02, 2023	2023 (Q3)	- / -1.29	-0.852	-51.17% (-0.44)	―
Aug 02, 2023	2023 (Q2)	- / -0.78	-0.201	-289.05% (-0.58)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:AX.UN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	C$7.33	C$7.22	-1.50%
May 08, 2025	C$7.21	C$7.00	-2.99%
Mar 06, 2025	C$7.41	C$7.43	+0.27%
Nov 07, 2024	C$7.54	C$7.36	-2.49%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Artis Real Estate Investment (TSE:AX.UN) report earnings?

Artis Real Estate Investment (TSE:AX.UN) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).

What is Artis Real Estate Investment (TSE:AX.UN) earnings time?

Artis Real Estate Investment (TSE:AX.UN) earnings time is at Oct 30, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:AX.UN EPS forecast?

Currently, no data Available

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing