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

First Industrial Realty Trust

09/02/2023 03:00

* First Industrial Realty Trust Inc  FR.N  reported
quarterly
adjusted earnings of 62 cents​​ per share for the quarter ended
in December. The mean expectation of six analysts for the
quarter was for earnings of 26 cents per share.
    * Revenue rose 19% to $144.61 million from a year ago;
analysts
expected $139.91 million. 
    * First Industrial Realty Trust Inc's reported EPS for the
quarter
was 62 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * First Industrial Realty Trust Inc shares had risen
by 10.7% this
quarter.
    * The company reported quarterly net income of $82 million.
    * Wall Street's median 12-month price target for First
Industrial
Realty Trust Inc is $56.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
9 at 03:00 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.56           0.60           Beat
 Sep. 30 2022      0.55           0.60           Beat
 Jun. 30 2022      0.53           0.56           Beat
 Mar. 31 2022      0.52           0.53           Beat