)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Armada Hoffler Properties (AHH) investor relations material
Armada Hoffler Properties Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary4 Nov, 2025
Executive summary
Leadership transition completed with new Chairman and refreshed board, focusing on operational excellence and simplification of the business.
Reported Q3 2025 normalized FFO per diluted share of $0.29, up from $0.25 in the prior quarter, with stabilized portfolio occupancy at 95.7%.
Net loss attributable to common stockholders and OP unitholders was $3.6M ($0.04 per diluted share) for Q3 2025, an improvement from a $10.4M loss ($0.11 per share) in Q3 2024.
Strategic shift away from fee income to recurring property-level earnings, aligning dividend and guidance accordingly.
Portfolio delivered consistent NOI growth and outperformed 2025 guidance, with high occupancy across all asset classes.
Financial highlights
Normalized FFO for Q3 2025 was $29.6M ($0.29/diluted share), FFO was $20.2M ($0.20/diluted share), and AFFO was $19M ($0.19/diluted share).
Total revenues for Q3 2025 were $96.1M, with rental revenues of $68.7M and general contracting revenues of $23.2M.
Same-store NOI increased 1% GAAP; retail same-store NOI declined 0.9% GAAP and 2.5% cash due to temporary tenant bankruptcies.
Portfolio occupancy averaged 95.7%: office 96.5%, retail 96%, multifamily 94.2%.
Net debt to total adjusted EBITDA at 7.9x; stabilized portfolio debt to EBITDA at 5.5x; liquidity at $141M.
Outlook and guidance
2025 normalized FFO guidance narrowed and maintained at $1.03–$1.07 per diluted share, reaffirming confidence in business trajectory.
Expecting initial returns from retail backfill efforts in Q4 2025, with full economics and over 20% rent growth by mid-2027.
Key stabilization milestones: Southern Post Retail in 4Q25, Southern Post Office and Allied Multifamily in 2026.
Management expects to meet short-term liquidity needs through cash, credit facility borrowings, and property sales.
Dividend stress-tested for various scenarios; management intends to maintain current dividend level, with future increases considered prudently.
Derivative impact on FFO vs. Normalized FFO?
2025 construction gross profit outlook?
Debt strategy and future interest expense?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Armada Hoffler Properties earnings date
Q4 202518 Feb, 2026
Next Armada Hoffler Properties earnings date
Q4 202518 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Armada Hoffler Properties Inc is a real estate investment trust that develops, owns, and manages office, retail, and multifamily properties, primarily in the U.S. Mid-Atlantic and Southeast regions. The company also provides general contracting and development services. It is headquartered in Virginia Beach, Virginia, and its shares are listed on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage