Rexford Industrial Announces First Quarter 2021 Financial Results

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Rexford Industrial Realty (REXR) Tops Q1 EPS by 10c, Revenues Beat

April 21, 2021 4:25 PM EDT

Rexford Industrial Realty (NYSE: REXR) reported Q1 EPS of $0.19, $0.10 better than the analyst estimate of $0.09. Revenue for the quarter came in at $99.76 million versus the consensus estimate of $95.44 million.

First Quarter 2021 Financial and Operational Highlights:

Net income attributable to common stockholders of $24.9 million, or $0.19 per diluted share, as compared to $10.8 million, or $0.09 per diluted share, for the first quarter of 2020.Company share of Core FFO of $48.4 million, an increase of 28.9% as compared to the first quarter 2020.Company share of Core FFO per... More