A Look at First Industrial Realty's Upcoming Earnings Report
Portfolio Pulse from Benzinga Insights
First Industrial Realty (NYSE:FR) is set to release its quarterly earnings on October 16, 2024. Analysts expect an EPS of $0.67. The company's past performance shows a positive trend, with a 2.92% share price increase following the last earnings beat. Analysts have given a Neutral rating with a price target of $58.8, suggesting a potential 7.91% upside. The company shows strong financial health with a high net margin and effective debt management.
October 15, 2024 | 2:03 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
First Industrial Realty is expected to report an EPS of $0.67. The company's past earnings beats have led to share price increases. Analysts have a Neutral rating with a price target of $58.8, indicating a potential 7.91% upside. The company's strong financial health, with a high net margin and effective debt management, supports a positive outlook.
The upcoming earnings report is a significant event for First Industrial Realty, with analysts expecting an EPS of $0.67. The company's history of beating estimates and the resulting positive share price movements suggest a potential short-term price increase if expectations are met or exceeded. The Neutral rating and price target indicate moderate optimism, while the company's strong financial metrics provide a solid foundation for future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100