Preview: Rexford Industrial Realty's Earnings

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Rexford Industrial Realty REXR is set to give its latest quarterly earnings report on Wednesday, 2023-10-18. Here's what investors need to know before the announcement.

Analysts estimate that Rexford Industrial Realty will report an earnings per share (EPS) of $0.56.

Rexford Industrial Realty bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at Rexford Industrial Realty's past performance and the resulting price change:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate
EPS Actual 0.54 0.52 0.49 0.5
Price Change % 0.06% 0.11% -1.97% -1.73%

Stock Performance

Shares of Rexford Industrial Realty were trading at $49.3 as of October 16. Over the last 52-week period, shares are down 4.11%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

To track all earnings releases for Rexford Industrial Realty visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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