First Industrial Realty Trust Reports First Quarter 2021 Results

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First Industrial Realty (FR) Tops Q1 EPS by 26c, Revenues Beat

April 21, 2021 4:37 PM EDT

First Industrial Realty (NYSE: FR) reported Q1 EPS of $0.48, $0.26 better than the analyst estimate of $0.22. Revenue for the quarter came in at $116.26 million versus the consensus estimate of $112.88 million.

"Our first quarter results and portfolio performance reflect the favorable industrial real estate fundamentals and the efforts of our team across our entire platform," said Peter E. Baccile, First Industrial's president and chief executive officer. "With the economic recovery well underway, we are excited to launch five new development... More