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

First Industrial Realty Trust

15/04/2024 21:09

* First Industrial Realty Trust Inc  FR.N   FR  is expected
to show a rise in quarterly revenue when it reports  results 
for the period ending March 31 2024
    * The  United States of America-based   company is expected
to
report a 8.1% increase in revenue to $161.529 million from
$149.42 million a year ago, according to the mean estimate from
7 analysts, based on LSEG data.
    * ​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 8 "strong buy" or "buy," 7
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.0%
in the last three months. ​
    * Wall Street's median 12-month price target for First
Industrial
Realty Trust Inc is $58.00​, above​ its last closing price
of $51.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.61        0.61       0.63      Beat    2.5
 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.        0.57        0.56       0.60      Beat    6.2
 31 2022                                                
 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. 31 2022  0.52        0.52       0.53      Beat    2.3
 This summary was machine generated April 15 at 20:09 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)