First Industrial Realty Trust Inc expected to post earnings of 36 cents a share - Earnings Preview

First Industrial Realty Trust

15/07/2024 21:32

* First Industrial Realty Trust Inc  FR.N   FR  is expected
to show a rise in quarterly revenue when it reports  results on
July 17 for the period ending June 30 2024
    * The Chicago Illinois-based  company is expected to report
a
8.1% increase in revenue to $164.58 million from $152.22 million
a year ago, according to the mean estimate from 7 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 36 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 8
"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 $53.00​, above​ its last closing price
of $50.72. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.61        0.61       0.60      Missed  -1.7
 Dec. 31 2024  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.        0.58        0.58       0.59      Beat    2.3
 31 2023                                                
 Dec. 31 2022  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
 This summary was machine generated July 15 at 20:32 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)