Rexford Industrial Announces Third Quarter 2019 Financial Results

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Rexford Industrial Realty (REXR) Tops Q3 EPS by 3c, Revenues Beat; Raises FY19 EPS Guidance

October 29, 2019 4:46 PM EDT

Rexford Industrial Realty (NYSE: REXR) reported Q3 EPS of $0.09, $0.03 better than the analyst estimate of $0.06. Revenue for the quarter came in at $68.06 million versus the consensus estimate of $61.3 million.

Third Quarter 2019 Financial and Operational Highlights:

Net income attributable to common stockholders of $0.09 per diluted share for the quarter ended September 30, 2019, compared to $0.07 per diluted share for the third quarter of last year.Company share of Core FFO increased 30.0% year-over-year to $33.9 million for the quarter ended September 30, 2019.Company share of Core FFO per diluted share increased 10.7% year-over-year to $0.31 per diluted share... More