earnings
confidence high
sentiment positive
materiality 0.75
Rexford Industrial Q3 Core FFO $0.60 (+1.7% YoY); raises FY2025 guidance
Rexford Industrial Realty, Inc.
2025-Q3 EPS reported
$1.16
revenue$755,036,000
- Net income $87.1M ($0.37 diluted) vs $65.1M; Core FFO $141.7M (+9.0% YoY).
- Same Property Portfolio Cash NOI +5.5% YoY; ending occupancy 96.8%, up 60 bps QoQ.
- Executed 3.3M sf leasing; net effective releasing spreads +26.1%, cash +10.3%.
- Repurchased 3.9M shares for $150M at avg $38.62; new $500M buyback program.
- Q4 dividend $0.43/share; Same Property NOI cash growth guidance raised to 3.75%-4.25%.