Rexford Industrial (REXR) Surpasses Q2 FFO and Revenue Estimates
REXRRexford Industrial Realty(REXR) ZACKS·2024-07-18 06:25

Rexford Industrial (REXR) came out with quarterly funds from operations (FFO) of 0.60pershare,beatingtheZacksConsensusEstimateof0.60 per share, beating the Zacks Consensus Estimate of 0.58 per share. This compares to FFO of 0.54pershareayearago.Thesefiguresareadjustedfornon−recurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof3.450.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 3.45%. A quarter ago, it was expected that this industrial real estate investment trust would post FFO of 0.57 per share when it actually produced FFO of $0.58, delivering a surprise of 1.75%.Over the ...