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

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Rexford Industrial Announces Third Quarter 2018 Financial Results

October 30, 2018 4:15 PM EDT

LOS ANGELES, Oct. 30, 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 third quarter of 2018.

Third Quarter 2018 Financial and Operational Highlights:

Net income attributable to common stockholders of $0.07 per diluted share for the quarter ended September 30, 2018, compared to $0.01 per diluted share last year. Company share of Core FFO increased 44.3% year-over-year to $26.1 million for the... More