Rexford Industrial Realty (REXR) Tops Q1 EPS by 4c, Beat on Revenues

Rexford Industrial Realty (NYSE: REXR) reported Q1 EPS of $0.06, $0.04 better than the analyst estimate of $0.02. Revenue for the quarter came in at $35 million versus the consensus estimate of $30.52 million.

• Net Income of $0.06 per Diluted Share for First Quarter 2017 -
• First Quarter 2017 Core FFO of $0.23 per Diluted Share -
• Same Property Portfolio NOI Up 6.9% Compared to First Quarter 2016 -
• Consolidated Portfolio NOI Up 30% Compared to First Quarter 2016 -
• Stabilized Same Property Portfolio Occupancy at 96.0%, Up 360 Basis Points Year-Over-Year
• 23.3% GAAP and 13.7% Cash Releasing Spreads -

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

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