Rexford Industrial Announces Fourth Quarter And Full Year 2019 Financial Results
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Rexford Industrial Realty (REXR) Tops Q4 EPS by 11c, Revenues Beat; Offers FY20 EPS Outlook
February 11, 2020 4:27 PM ESTRexford Industrial Realty (NYSE: REXR) reported Q4 EPS of $0.18, $0.11 better than the analyst estimate of $0.07. Revenue for the quarter came in at $74.4 million versus the consensus estimate of $65.34 million.
Fourth Quarter 2019 Financial and Operational Highlights:
Net income attributable to common stockholders of $0.18 per diluted share compared to $0.13 per diluted share for the fourth quarter of last year.Company share of Core FFO increased 31.4% to $35.8 million year-over-year.Company share of Core FFO per diluted share increased 10.3% to $0.32 per diluted share year-over-year.Consolidated Portfolio Net Operating Income (NOI) of $55.9 million, an increase of... More