Rexford Industrial Announces Third Quarter 2020 Financial Results
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Rexford Industrial Realty (REXR) Tops Q3 EPS by 14c, Revenues Beat; Raises FY20 Guidance
October 20, 2020 4:18 PM EDTRexford Industrial Realty (NYSE: REXR) reported Q3 EPS of $0.21, $0.14 better than the analyst estimate of $0.07. Revenue for the quarter came in at $83.62 million versus the consensus estimate of $82.2 million.
Third Quarter 2020 Financial and Operational Highlights:
Net income attributable to common stockholders of $25.9 million, or $0.21 per diluted share, as compared to $9.7 million, or $0.09 per diluted share, for the third quarter of last year.Company share of Core FFO of $40.6 million, an increase of 19.8% as compared to the third quarter 2019.Company share of Core FFO per diluted share of $0.33, an increase of... More