Rexford Industrial Realty, Inc. reports results for the quarter ended September 30 - Earnings Summary

Rexford Industrial Realty

Thu 22:02

Rexford Industrial Realty, Inc. REXR.N reported quarterly adjusted earnings of 7 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 37 cents.  The mean expectation of six analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results to range from 24 cents to 51 cents per share.
Revenue fell 5.6% to $239.10 million from a year ago; analysts expected $235.71 million. 
Rexford Industrial Realty, Inc.'s reported EPS for the quarter was 7 cents​.
The company reported quarterly net income of $14.64 million.
Rexford Industrial Realty, Inc. shares had risen by 1.5% this quarter and lost 5.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.4% 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 "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 10 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is  "buy."
Wall Street's median 12-month price target for Rexford Industrial Realty, Inc. is $40.00, about 9.3% above its last closing price of $36.28
This summary was machine generated from LSEG data October 22 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
Sep. 30 2026 
0.60
0.60
Met
Jun. 30 2026 
0.60
0.63
Beat
Mar. 31 2026 
0.60
0.61
Beat
Dec. 31 2025 
0.59
0.59
Met