Rexford Industrial Announces Fourth Quarter And Full Year 2018 Financial Results

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Rexford Industrial Realty (REXR) Tops Q4 EPS by 8c, Revenues Beat; Offers FY19 EPS Guidance Below Consensus

February 12, 2019 4:26 PM EST

Rexford Industrial Realty (NYSE: REXR) reported Q4 EPS of $0.13, $0.08 better than the analyst estimate of $0.05. Revenue for the quarter came in at $57 million versus the consensus estimate of $56.2 million.

Net income attributable to common stockholders of $0.13 per diluted share for the quarter ended December 31, 2018, compared to $0.15 per diluted share last year.Company share of Core FFO increased 35.9% year-over-year to $27.2 million for the quarter ended December 31, 2018.Company share of Core FFO per diluted share increased 11.5% year-over-year to $0.29 per diluted share for the quarter ended December 31, 2018.Total fourth quarter rental revenues of $56.1 million,... More