Rexford Industrial Announces Second Quarter 2020 Financial Results

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Rexford Industrial Realty (REXR) Tops Q2 EPS by 2c

July 21, 2020 4:17 PM EDT

Rexford Industrial Realty (NYSE: REXR) reported Q2 EPS of $0.10, $0.02 better than the analyst estimate of $0.08.

Second Quarter 2020 Financial and Operational Highlights:

Net income attributable to common stockholders of $0.10 per diluted share compared to $0.12 per diluted share for the second quarter of last year.Company share of Core FFO of $38.8 million, an increase of 21.1% year-over-year.Company share of Core FFO per diluted share of $0.32, an increase of 6.7% year-over-year.Consolidated Portfolio Net Operating Income (NOI) of $60.9 million, an increase of 25.6% year-over-year.Consolidated Portfolio Cash NOI of $52.0 million, an increase of 14.7%... More