Rexford Industrial Realty Q3 2024 FFO $0.59, Inline, Sales $241.843M Beat $239.860M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rexford Industrial Realty reported Q3 2024 earnings per share of $0.59, meeting analyst expectations. The company's sales were $241.843 million, surpassing the $239.860 million estimate and marking an 18.43% increase from the previous year.
October 16, 2024 | 8:10 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Rexford Industrial Realty's Q3 2024 earnings per share met expectations at $0.59, while sales exceeded estimates at $241.843 million, showing strong year-over-year growth.
The company's earnings per share met expectations, which is neutral, but the sales beat and significant year-over-year growth are positive indicators. This suggests a strong performance and potential positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100