Shares of Armada Hoffler Properties (AHH) soared 5.39% in after-hours trading on Monday, following the release of its third-quarter 2025 financial results. The mixed-use real estate investment trust (REIT) reported better-than-expected funds from operations (FFO) and maintained its full-year guidance, signaling confidence in its business outlook.
Armada Hoffler reported Q3 FFO of $20.2 million, surpassing analyst expectations. While the company posted a net loss of $3.6 million for the quarter, this marked a significant improvement from the $10.4 million loss recorded in the same period last year. The earnings per share (EPS) for the quarter came in at $0.04.
Investors were particularly encouraged by the company's decision to maintain its 2025 full-year Normalized FFO guidance at $1.03 to $1.07 per share. This steady outlook, combined with positive leasing activity and high occupancy rates across its portfolio, likely fueled the stock's after-hours rally. Armada Hoffler reported strong occupancy rates with retail at 96.0%, office at 96.5%, and multifamily at 94.2%, demonstrating the resilience of its diverse real estate holdings in the face of broader market challenges.