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

First Industrial Realty Trust

18/10/2023 22:45

* First Industrial Realty Trust Inc  FR.N  reported
quarterly
adjusted earnings of 57 cents​​ per share for the quarter ended
in September. The mean expectation of six analysts for the
quarter was for earnings of 30 cents per share.
    * Revenue rose 11% to $155.11 million from a year ago;
analysts
expected $153.15 million. 
    * First Industrial Realty Trust Inc's reported EPS for the
quarter
was 57 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * First Industrial Realty Trust Inc shares had fallen
by 5.6% this
quarter and lost 6.9% so far this year.
    * The company reported quarterly net income of $74.94
million.
    * Wall Street's median 12-month price target for First
Industrial
Realty Trust Inc is $57.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 18 at 09:45 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.61           0.62           Beat
 Jun. 30 2023      0.60           0.61           Beat
 Mar. 31 2023      0.58           0.59           Beat
 Dec. 31 2022      0.56           0.60           Beat