First Industrial Realty Trust Inc expected to post earnings of 28  cents a share - Earnings Preview

First Industrial Realty Trust

17/07/2023 22:00

* First Industrial Realty Trust Inc  FR.N   FR  is expected
to show a rise in quarterly revenue when it reports  results on
July 19. 
    * The Chicago Illinois-based  company is expected to report 
a
14.5% increase in revenue to $148.864 million from $130.05
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for First Industrial
Realty
Trust Inc is for earnings of 28 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for First
Industrial
Realty Trust Inc is $60​, above​ its last closing price
of $54.51. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.58        0.58       0.59      Beat    2.3
 Dec. 31 2023  0.57        0.56       0.60      Beat    6.2
 Sep. 30 2022  0.56        0.55       0.60      Beat    8.1​
 Jun. 30 2022  0.54        0.53       0.56      Beat    4.7
 ​​Mar.        0.52        0.52       0.53      Beat    2.3
 31 2022                                                
 Dec. 31 2021  0.51        0.51       0.53      Beat    4.2​
 Sep. 30 2021  0.50        0.49       0.51      Beat    3.1
 Jun. 30 2021  0.47        0.47       0.48      Beat    2
 This summary was machine generated July 17 at 21:00 GMT.  All
figures in US dollars  unless otherwise stated