Rexford Industrial Realty Inc expected to post earnings of 26  cents a share - Earnings Preview

Rexford Industrial Realty

17/07/2023 21:04

* Rexford Industrial Realty Inc  REXR.N   REXR.K  is
expected
to show a rise in quarterly revenue when it reports  results on
July 19. 
    * The Los Angeles California-based  company is expected to
report 
a 32.0% increase in revenue to $196.702 million from $148.99
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 26 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 4
"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 $64​, above​ its last closing price
of $54.94. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.53        0.52       0.52      Met     -0.5
 Dec. 31 2023  0.48        0.48       0.51      Beat    5.8
 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.        0.46        0.45       0.48      Beat    6.2
 31 2022                                                
 Dec. 31 2021  0.44        0.43       0.44      Beat    1.4​
 Sep. 30 2021  0.39        0.39       0.40      Beat    2.5
 Jun. 30 2021  0.36        0.36       0.39      Beat    8.3
 This summary was machine generated July 17 at 20:03 GMT.  All
figures in US dollars  unless otherwise stated