Rexford Industrial Realty (REXR) Tops Q3 EPS by 28c; Offers Guidance

Rexford Industrial Realty (NYSE: REXR) reported Q3 EPS of $0.50, $0.28 better than the analyst estimate of $0.22. Revenue for the quarter came in at $162.75 million versus the consensus estimate of $159.78 million.

GUIDANCE:

The Company is revising its full year 2022 guidance. The Core FFO guidance refers only to the Company\'s in-place portfolio as of October 19, 2022, and does not include any assumptions for other acquisitions, dispositions or related balance sheet activities that have not closed.

Net Income Attributable to Common Stockholders per diluted share: $0.88 - $0.90

Company share of Core FFO per diluted share: $1.93 - $1.95

For earnings history and earnings-related data on Rexford Industrial Realty (REXR) click here.

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