Earnings ·
Reports Q3 net loss of $5.5M and AFFO of $2.8M as debt falls to $471.2M
WHLRWheeler Real Estate Investment Trust, Inc.
Wheeler Real Estate Investment Trust reported a third-quarter 2026 net loss attributable to common stockholders of $5.5 million, or $(113.37) per share, compared to a net income of $8.9 million in the prior-year period. Adjusted funds from operations (AFFO) were $2.8 million, up from $2.0 million year-over-year. Total revenue decreased 2.8% to $23.2 million, while same-property NOI grew 5.8%. The company reduced total debt by approximately $11.6 million to $471.2 million and lowered the liquidation value of its preferred stock through exchanges. Wheeler Real Estate Investment Trust is a fully integrated, self-managed commercial real estate investment trust that owns, leases and operates income-producing retail properties with a primary focus on grocery-anchored centers.