First Industrial Realty Trust, Inc. reports results for the quarter ended September 30 - Earnings Summary
First Industrial Realty Trust, Inc. reports results for the quarter ended September 30 - Earnings Summary
First Industrial Realty Trust, Inc. FR.N reported quarterly adjusted earnings of 44 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 49 cents. The mean expectation of six analysts for the quarter was for earnings of 46 cents per share. Wall Street expected results to range from 39 cents to 63 cents per share.
Revenue rose 8.6% to $197.12 million from a year ago; analysts expected $196.16 million.
First Industrial Realty Trust, Inc.'s reported EPS for the quarter was 44 cents.
The company reported quarterly net income of $58.55 million.
First Industrial Realty Trust, Inc. shares had fallen by 0.6% this quarter and gained 3.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.2% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 7 "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 $71.00, about 16.3% above its last closing price of $59.40
This summary was machine generated from LSEG data October 21 at 09:41 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 |
Sep. 30 2026 | 0.82 | 0.81 | Missed |
Jun. 30 2026 | 0.80 | 0.82 | Beat |
Mar. 31 2026 | 0.72 | 0.68 | Missed |
Dec. 31 2025 | 0.76 | 0.77 | Beat |
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