First Industrial Realty Trust Inc expected to post earnings of 31 cents a share - Earnings Preview

First Industrial Realty Trust

05/02/2024 23:34

* First Industrial Realty Trust Inc  FR.N   FR  is expected
to show a rise in quarterly revenue when it reports  results on
February 7 for the period ending December 31 2023
    * The Chicago Illinois-based  company is expected to report
a
8.4% increase in revenue to $156.703 million from $144.61
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data. (Revenue Majority Basis is on
Propety Revenue)
    * ​LSEG's mean analyst estimate for First Industrial Realty
Trust
Inc is for earnings of 31 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 5
"hold" and 2 "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 $55.00​, above​ its last closing price
of $51.09. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.61        0.61       0.62      Beat    2.1
 Jun. 30 2023  0.60        0.60       0.61      Beat    1.7
 Mar. 31 2023  0.58        0.58       0.59      Beat    2.3​
 Dec. 31 2022  0.57        0.56       0.60      Beat    6.2
 ​​Sep.        0.56        0.55       0.60      Beat    8.1
 30 2022                                                
 Jun. 30 2022  0.54        0.53       0.56      Beat    4.7​
 Mar. 31 2022  0.52        0.52       0.53      Beat    2.3
 Dec. 31 2021  0.51        0.51       0.53      Beat    4.2
 This summary was machine generated February 5 at 23:34 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)