Core Viewpoint - Industrial Logistics Properties Trust (ILPT) has experienced a significant downtrend, with an 18.8% decline over the past four weeks, but is now in oversold territory, suggesting a potential turnaround due to improved earnings expectations from analysts [1]. Group 1: Stock Performance - ILPT shares have faced heavy selling pressure, leading to an RSI reading of 25.83, indicating that the stock may soon reverse its downward trend [3]. - The stock's recent decline has placed it in oversold territory, which typically signals a potential for price recovery [1][3]. Group 2: Analyst Sentiment - There is strong consensus among sell-side analysts regarding an increase in earnings estimates for ILPT, with a 2% rise in the consensus EPS estimate over the last 30 days [3]. - ILPT holds a Zacks Rank 2 (Buy), positioning it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a turnaround [3].

Core Viewpoint - Industrial Logistics Properties Trust (ILPT) reported quarterly funds from operations (FFO) of $0.12 per share, matching the Zacks Consensus Estimate, and showing no year-over-year change [1] - The company posted revenues of $108.95 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 1.13% and down from $110.14 million a year ago [2] Financial Performance - FFO for the previous quarter was also $0.14 per share, with the company having surpassed consensus FFO estimates only once in the last four quarters [1] - The current consensus FFO estimate for the upcoming quarter is $0.11 on revenues of $109.92 million, and for the current fiscal year, it is $0.51 on revenues of $442.97 million [7] Market Performance - ILPT shares have declined approximately 16% since the beginning of the year, contrasting with the S&P 500's gain of 22.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Outlook - The REIT and Equity Trust - Other industry is currently ranked in the top 24% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% of ranked industries [8]

Core Viewpoint - Industrial Logistics Properties Trust has shown mixed performance in terms of estimate revisions and is currently rated as a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [2] Financial Performance - The company reported quarterly funds from operations (FFO) of $0.14 per share, which was in line with the Zacks Consensus Estimate and represents an increase from $0.12 per share a year ago [7] - Revenues for the quarter ended June 2024 were $110.62 million, slightly missing the Zacks Consensus Estimate by 0.52%, but showing an increase from $108.04 million in the same quarter last year [8] - The current consensus FFO estimate for the upcoming quarter is $0.12 on revenues of $110.7 million, and for the current fiscal year, it is $0.52 on revenues of $444.45 million [5] Market Context - Year-to-date, Industrial Logistics Properties Trust shares have increased by approximately 6.8%, underperforming compared to the S&P 500's gain of 14.5% [12] - The REIT and Equity Trust - Other industry, to which the company belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, indicating potential challenges ahead [14]

For the quarterly period ended June 30, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-38342 INDUSTRIAL LOGISTICS PROPERTIES TRUST (Address of Principal Executive Offices) (Zip Code) 617-219-1460 (Registrant's Telephone Number, Including Area Code) Securities R ...

Industrial Logistics Properties Trust Second Quarter 2024 Financial Results and Supplemental Information July 30, 2024 Quarterly Results RETURN TO TABLE OF CONTENTS P = = = 7 - 1 7 7 6 INDUSTRIAL LOGISTICS PROPERTIES TRUST ANNOUNCES SECOND QUARTER 2024 FINANCIAL RESULTS "Operating results for ILPT's second quarter remained strong as we executed 628,000 square feet of new and renewal leases at weighted average rental rates that were 15.8% higher than prior rental rates for the same space and saw same propert ...

031 # II 1 用 Shares of Industrial Logistics Properties Trust (NASDAQ:ILPT) have been nearly decimated since the company employed a lot of leverage following an ill-time acquisition, amidst higher interest rates and some governance issues as well. This means that shares trade discounted during an era of near 100% occupancy rates and decent rental growth. In fact, shares trade at a fraction of book value, with investors having to hope for a lower interest rate environment and/or asset sales, and governance im ...

Financial Data and Key Metrics Changes - Normalized FFO for Q1 2024 was $9.5 million or $0.14 per share, representing a 19.4% increase year-over-year and a 16.9% increase sequentially [20] - Adjusted EBITDAre increased by 4.6% year-over-year and 1.6% sequentially, reaching $84.4 million [20] - Same-property cash basis NOI grew by 2.3% compared to the same period last year [16] - The net debt to total assets ratio improved by 110 basis points year-over-year to 68.6% [21] Business Line Data and Key Metrics Changes - The company entered 10 new and renewal leases and 1 rent reset for approximately 2 million square feet, resulting in GAAP and cash leasing spreads of 38.3% and 25%, respectively [8] - Renewals accounted for 90% of leasing activity, with a strong tenant retention rate of 94% [18] - A significant renewal with Exel, a subsidiary of DHL, resulted in a 73% roll-up in GAAP rents, increasing annualized rent by $2.2 million effective July 2024 [18] Market Data and Key Metrics Changes - The portfolio maintained a high occupancy rate of 99% [12] - The company has a pipeline of 41 deals totaling over 7.5 million square feet, with expected average roll-ups in rent of 20% on the mainland and 30% in Hawaii [35] Company Strategy and Development Direction - The company is focused on maintaining portfolio stability while generating organic cash flow growth through strong leasing activities [8] - The management highlighted the importance of sustainability practices and ESG transparency, as noted in their recent sustainability report [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the demand for high-quality industrial real estate, supported by rising rental income [16] - There is an expectation of continued roll-ups in rents due to market shifts since original leases were signed [39] - Management noted some potential short-term softening in demand in specific markets, such as Indianapolis, but emphasized strong tenant interest in renewing leases [26][27] Other Important Information - The company has approximately $128 million in cash and $108 million in restricted cash as of March 31, 2024 [22] - All debt is currently fixed or hedged, with no maturities until 2027 [22] Q&A Session Summary Question: Any pushback from tenants regarding rent roll-ups? - Management indicated that negotiations are taking longer, but tenants are generally interested in renewing rather than relocating due to associated costs and disruptions [23][27] Question: Observations on market weaknesses, particularly in California? - Management noted no significant weaknesses in their operating markets, although there is new competition in Indianapolis [26][27] Question: Clarification on interest expense forecasting for Q2? - Management expects a slight increase in interest expense, estimating $58 million in cash interest and $15.5 million in noncash amortization [37] Question: Status of the 600,000 square feet property in Indianapolis? - The property is currently being marketed, but management anticipates it may remain vacant for up to a year [55]

Industrial Logistics Properties Trust (ILPT) came out with quarterly funds from operations (FFO) of $0.14 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to FFO of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 7.69%. A quarter ago, it was expected that this company would post FFO of $0.12 per share when it actually produced FFO of $0.12, delivering no surprise.Over the last four quarters, t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-38342 INDUSTRIAL LOGISTICS PROPERTIES TRUST (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Emp ...

Table of Contents Industrial Logistics Properties Trust First Quarter 2024 Financial Results and Supplemental Information April 30, 2024 | QUARTERLY RESULTS | | | | --- | --- | --- | | Industrial Logistics Properties Trust Announces First Quarter 2024 Financial Results . | | | | First Quarter 2024 Highlights | 5 | | | FINANCIALS | | | | Key Financial Data . | | | | Condensed Consolidated Statements of Income (Loss). | | | | Condensed Consolidated Balance Sheets | 1-0 100 | | | Debt Summary | 10 | | | Debt M ...