Rexford Industrial (REXR) Q2 FFO and Revenues Top Estimates

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 $0.6 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 $0.57 per share when it actually produced FFO of $0.62, delivering a surprise of +8.77%.Over the ...