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Rexford Industrial Realty Inc <REXR.N> expected to post earnings of 27 cents a share - Earnings Preview

ReutersFeb 3, 2025 9:02 PM
  • Rexford Industrial Realty Inc REXR.N, REXR.K is expected to show a rise in quarterly revenue when it reports results on February 5 for the period ending December 31 2024

  • The Los Angeles California-based company is expected to report a 15.7% increase in revenue to $243.367 million from $210.43 million a year ago, according to the mean estimate from 9 analysts, based on LSEG data. (Sales/Revenue Majority Basis is on Rental Revenue)

  • ​LSEG's mean analyst estimate for Rexford Industrial Realty Inc is for earnings of 27 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 9 "hold" and 1 "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 $45.00​, above​ its last closing price of $40.66. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.59

0.59

0.59

Met

0.7

Jun. 30 2024

0.58

0.58

0.60

Beat

3.5

Mar. 31 2024

0.57

0.57

0.58

Beat

0.9​

Dec. 31 2023

0.56

0.56

0.56

Met

-0.4

​​Sep. 30 2023

0.56

0.56

0.56

Met

0.6

Jun. 30 2023

0.54

0.54

0.54

Met

0​

Mar. 31 2023

0.53

0.52

0.52

Met

-0.5

Dec. 31 2022

0.48

0.48

0.51

Beat

5.8

This summary was machine generated February 3 at 21:02 GMT. 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)

Disclaimer: For information purposes only. Past performance is not indicative of future results.

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