Rexford Industrial Announces First Quarter 2019 Financial Results
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Rexford Industrial Realty (REXR) Tops Q1 EPS by 5c, Slight Beat on Revenues; Affirms FY19 EPS Guidance Above Consensus
April 30, 2019 5:03 PM EDTRexford Industrial Realty (NYSE: REXR) reported Q1 EPS of $0.08, $0.05 better than the analyst estimate of $0.03. Revenue for the quarter came in at $60.36 million versus the consensus estimate of $60.04 million.
First Quarter 2019 Financial and Operational Highlights:
Net income attributable to common stockholders of $0.08 per diluted share for the quarter ended March 31, 2019, compared to $0.15 per diluted share for the first quarter of last year.Company share of Core FFO increased 37.2% year-over-year to $29.4 million for the quarter ended March 31, 2019.Company share of Core FFO per diluted share increased 11.1% year-over-year to $0.30 per diluted... More