First Industrial Realty Trust Inc reports results for the quarter ended March 31 - Earnings Summary

First Industrial Realty Trust

16/04/2025 22:02

First Industrial Realty Trust Inc FR.N reported quarterly adjusted earnings of 36 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 52 cents.  The mean expectation of five analysts for the quarter was for earnings of 37 cents per share. Wall Street expected results to range from 36 cents to 39 cents per share.

Revenue rose 9.1% to $177.07 million from a year ago; analysts expected $176.25 million.

First Industrial Realty Trust Inc's reported EPS for the quarter was 36 cents​.

The company reported quarterly net income of $48.07 million.

First Industrial Realty Trust Inc shares had fallen by 13.6% this quarter and lost 7.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 2.1% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is also "buy"

Wall Street's median 12-month price target for First Industrial Realty Trust Inc is $58.00

This summary was machine generated from LSEG data April 16 at 09:01 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.70
0.68
Missed
Dec. 31 2024
0.69
0.71
Beat
Sep. 30 2024
0.66
0.68
Beat
Jun. 30 2024
0.64
0.66
Beat