One Liberty Properties Q3 net income attributable to OLP drops 90% to $1.1 million
OLP•One Liberty Properties’ third-quarter net income attributable to OLP fell 90% to $1.1 million, while revenue rose 12% to $26.6 million. Diluted earnings fell 92% year over year to $0.04 per share.
1. Quarterly results and acquisitions
One Liberty Properties’ third-quarter 2026 diluted earnings fell 92% year over year to $0.04 per share, principally due to lower property-sale gains, while total revenue rose 12% to $26.6 million, driven primarily by accretive acquisitions. The company acquired an industrial building in Ocala, Florida, for $11.3 million and has a $34 million industrial portfolio purchase in the Milwaukee area under contract, with closing expected in the fourth quarter of 2026.
