Rexford Industrial Realty Inc expected to post earnings of 22cents a share - Earnings Preview

Rexford Industrial Realty

06/02/2023 23:47

* Rexford Industrial Realty Inc  REXR.N   REXR.K  is
expected
to show a rise in quarterly revenue when it reports  results on
February 8. 
    * The Los Angeles California-based  company is expected to
report 
a 32.6% increase in revenue to $175.928 million from $132.71
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Rexford Industrial
Realty
Inc is for earnings of 22 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"hold" and no "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 Rexford
Industrial Realty Inc is $68.5​, above​ its last closing price
of $64.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.48        0.48       0.50      Beat    3.4
 Jun. 30 2022  0.48        0.48       0.49      Beat    2.5
 Mar. 31 2022  0.46        0.45       0.48      Beat    6.2​
 Dec. 31 2021  0.44        0.43       0.44      Beat    1.4
 ​​Sep.        0.39        0.39       0.40      Beat    2.5
 30 2021                                                
 Jun. 30 2021  0.36        0.36       0.39      Beat    8.3​
 Mar. 31 2021  0.34        0.34       0.37      Beat    7.6
 Dec. 31 2020  0.33        0.33       0.34      Beat    3.8
 This summary was machine generated February 6 at 23:47 GMT.  All
figures in US dollars  unless otherwise stated