First Industrial Realty Trust Inc reports results for the quarter ended in September - Earnings Summary

Reuters
2023.10.18 21:45
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First Industrial Realty Trust Increported quarterly adjusted earnings of 57 cents​​ per share for the quarter ended in September. The mean expectation of six analysts for the quarter was for earnings of 30 cents per share.

  • First Industrial Realty Trust Inc (FR.N) reported quarterly adjusted earnings of 57 cents​​ per share for the quarter ended in September. The mean expectation of six analysts for the quarter was for earnings of 30 cents per share.

  • Revenue rose 11% to $155.11 million from a year ago; analysts expected $153.15 million.

  • First Industrial Realty Trust Inc’s reported EPS for the quarter was 57 cents​.

  • The mean earnings estimate of analysts had fallen by about 0.3% in the last three months.​

  • In the last 30 days, there have been no negative revisions of earnings estimates

  • First Industrial Realty Trust Inc shares had fallen by 5.6% this quarter and lost 6.9% so far this year.

  • The company reported quarterly net income of $74.94 million.

  • Wall Street’s median 12-month price target for First Industrial Realty Trust Inc is $57.50

  • The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 9 “strong buy” or “buy,” 5 “hold” and 2 “sell” or “strong sell.” This summary was machine generated from LSEG Refinitiv data October 18 at 09:45 p.m. UTC. ​All figures in US dollars unless otherwise stated. QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2023 0.61 0.62 Beat

Jun. 30 2023 0.60 0.61 Beat

Mar. 31 2023 0.58 0.59 Beat

Dec. 31 2022 0.56 0.60 Beat