Rexford Industrial Realty Q2 2024 FFO $0.60 Beats $0.58 Estimate, Sales $237.57M Beat $227.67M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rexford Industrial Realty (NYSE:REXR) reported Q2 2024 earnings per share of $0.60, beating the analyst estimate of $0.58. The company also reported sales of $237.57 million, surpassing the estimate of $227.67 million and marking a 22.40% increase from the same period last year.
July 17, 2024 | 8:17 pm
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Rexford Industrial Realty reported Q2 2024 earnings per share of $0.60, beating the analyst estimate of $0.58. The company also reported sales of $237.57 million, surpassing the estimate of $227.67 million and marking a 22.40% increase from the same period last year.
Rexford Industrial Realty's better-than-expected earnings and sales figures, along with a significant year-over-year sales increase, are likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100