Rexford Industrial Announces Fourth Quarter And Full Year 2020 Financial Results

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Rexford Industrial Realty (REXR) Reports Q4 EPS of $0.10, Revenues Beat; Offers FY21 EPS Guidance Above Consensus

February 10, 2021 4:36 PM EST

Rexford Industrial Realty (NYSE: REXR) reported Q4 EPS of $0.10, versus $0.00 reported last year. Revenue for the quarter came in at $88.65 million versus the consensus estimate of $87.37 million.

Fourth Quarter 2020 Financial and Operational Highlights:

Net income attributable to common stockholders of $13.2 million, or $0.10 per diluted share, as compared to $19.9 million, or $0.18 per diluted share, for the fourth quarter of 2019.Company share of Core FFO of $43.1 million, an increase of 20.5% as compared to the fourth quarter 2019.Company share of Core FFO per diluted share of $0.34, an increase of 6.3% as compared to the... More