Rexford Industrial Announces Third Quarter 2018 Financial Results

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Rexford Industrial Realty (REXR) Tops Q3 EPS by 4c, Revenues Beat; Offers FY18 EPS Outlook Above Consensus

October 30, 2018 4:34 PM EDT

Rexford Industrial Realty (NYSE: REXR) reported Q3 EPS of $0.07, $0.04 better than the analyst estimate of $0.03. Revenue for the quarter came in at $55.19 million versus the consensus estimate of $54.55 million.

"We are very pleased with the continued strong performance of our portfolio, having grown our Core FFO by 44.3% this quarter, and by 12.0% on a per share basis, making the third quarter 2018 our fifth consecutive quarter of double-digit growth in Core FFO per share. Our growth was driven by a... More