Rexford Industrial (REXR) reported $241.84 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 17.7%. EPS of $0.59 for the same period compares to $0.27 a year ago. The reported revenue represents a surprise of +0.90% over the Zacks Consensus Estimate of $239.7 million. With the consensus EPS estimate being $0.58, the EPS surprise was +1.72%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...

Rexford Industrial (REXR) came out with quarterly funds from operations (FFO) of $0.59 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to FFO of $0.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 1.72%. A quarter ago, it was expected that this industrial real estate investment trust would post FFO of $0.58 per share when it actually produced FFO of $0.60, delivering a surprise of 3.45%. Over th ...

Exhibit 99.2 THIRD QUARTER 2024 Supplemental Financial Reporting Package 900 500 S. DUPONT AVENUE | ONTARIO Table of Contents. | --- | --- | |---------------------------------------------------------------------------------------------|-------| | Section | Page | | | | | Corporate Data: | | | Investor Company Summary | 3 | | Company Overview | 4 | | Highlights - Consolidated Financial Results | 5 | | Financial and Portfolio Highlights and Capitalization Data | 6 | | Guidance Consolidated Financial Results: ...

LOS ANGELES, Oct. 16, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust ("REIT") focused on creating value by investing in and operating industrial properties throughout infill Southern California, today announced financial and operating results for the third quarter of 2024. Third Quarter 2024 Financial and Operational Highlights: Net income attributable to common stockholders of $65.1 million, or $0.30 per diluted shar ...

After poor performance in 2022 and much of 2023, the promise of interest rate cuts beginning in 2024 has breathed new life into REITs. The Federal Reserve took its first Hi, my name is Kody. Aside from my four to five weekly articles here on Seeking Alpha, I am also a contributor to Sure Dividend, Dividend Kings, and iREIT on Alpha. I have been investing since September 2017 and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Dividends. This is a blog that is documenting ...

With a yield more than twice that of the S&P 500 index and a depressed stock price, Rexford Industrial is a name you'll want to know today. Normally, investors looking for dividend growth wouldn't expect to find it in the real estate investment trust (REIT) sector. But sometimes there are gems that get overlooked because they don't conform to the norms. Rexford Industrial Realty (REXR -2.01%) is just such a genre-defying stock. Here are three reasons why this is one magnificent high-yield dividend growth st ...

LOS ANGELES, Sept. 16, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced that the Company will release third quarter 2024 financial results after the market closes on Wednesday, October 16, 2024. A conference call with senior management will be held on Thursday, October 17, 2024 at ...

da-kuk/E+ via Getty Images Re:tford Industrial (NYSE:REXR) is a unique industrial RETT concentrating its portfolio 100% on Infill Southern Calribrmia. As of July 16, 2024, the Company owned 422 properties comprising ~49.7m sq. ft. of leasable area shared with over 1600 customers. lls diversified property portfolio attracts strong tenants operating within various niches. The key areas of its properties address warehousing transportation, wholesale trade, and manufacturing. using/Transportation General Wareho ...

It's been a bigger winner and grown its dividend a lot faster. In this video, Motley Fool contributor Jason Hall breaks down why Rexford Industrial Realty (REXR 2.04%) is his pick as a better buy right now than one of this longtime favorite high-yield stocks, Realty Income (O 0.48%). *Stock prices used were from the afternoon of Sept. 9, 2024. The video was published on Sept. 13, 2024. ...

Rexford Industrial Realty, Inc. (REXR) is experiencing solid demand for its properties. Recently, this industrial real estate investment trust (REIT) announced a lease for 274,885 square feet of value-addrepositioned project at 500 Dupont Avenue in Ontario, CA. The property located in the Inland Empire – West submarket was leased to a third-party logistics provider. Reflecting the positive sentiments of investors, shares of REXR were up 1.4% during Tuesday's regular trading session. The project underwent ov ...