Rexford Industrial Realty (REXR) Tops Q2 EPS by 2c, Revenues Beat; Offers FY18 EPS Guidance

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Rexford Industrial Announces Second Quarter 2018 Financial Results

July 31, 2018 4:15 PM EDT

LOS ANGELES, July 31, 2018 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust ("REIT") that specializes in acquiring, owning and operating industrial properties located in Southern California infill markets, today announced financial results for the second quarter of 2018.

Second Quarter 2018 Financial and Operational Highlights:

Net income attributable to common stockholders of $0.06 per diluted share for the quarter ended June 30, 2018, compared to $0.26 per diluted share last year. Company share of Core FFO increased 44.0% year-over-year to $22.9 million for the quarter... More