Rexford Industrial Q3 Core FFO $0.56, up 12% YoY; FY guidance raised to $2.16-$2.18

Rexford Industrial Realty, Inc.

2023-Q3 EPS reported $0.83 revenue$587,401,000

Net income $56.3M ($0.27/dil) vs $36.8M ($0.21/dil) in prior year quarter.
Core FFO $115.0M ($0.56/dil), +33.5% and +12% YoY per share.
Same Property NOI +8.9% GAAP, +9.5% cash; occupancy 97.8%.
Completed six acquisitions for $314.8M; net debt/EV 16.7%.
FY2023 Core FFO guidance raised to $2.16-$2.18/dil; dividend $0.38/share declared.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Rexford Industrial Realty, Inc. reported the third quarter of 2023 results: net income $56.3 million, EPS $0.27 per diluted share.

Period: the third quarter of 2023
Net income: $56.3 million
EPS: $0.27 per diluted share
Result: reported results

Exact text from the filing

Net income attributable to common stockholders of $56.3 million, or $0.27 per diluted share

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Rexford Industrial Realty, Inc. filing history →

Source: SEC EDGAR

accession 0001571283-23-000039

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