Rexford Industrial Announces Third Quarter 2016 Financial Results

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Rexford Industrial Realty (REXR) Tops Q3 EPS by 1c

November 2, 2016 5:46 PM EDT

Rexford Industrial Realty (NYSE: REXR) reported Q3 EPS of $0.22, $0.01 better than the analyst estimate of $0.21. Revenue for the quarter came in at $32.9 million versus the consensus estimate of $27.68 million.

"We are pleased with our third quarter operating and financial performance, which included a 40.2% increase in consolidated NOI and an 8.2% increase in Same Property Portfolio NOI over the prior year period," stated Michael Frankel... More