Rexford Industrial Realty, Inc. (NYSE:REXR) is set to announce second quarter earning results on Tuesday 21st July 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, REXR to report 2Q20 income of $ 0.08 per share.
For the full year, analysts anticipate top line of $ 321.56 million, while looking forward to income of $ 0.35 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.26 ~ $ 1.29 per share
Click Here For More Historical Outlooks Of Rexford Industrial Realty, Inc.
Previous Quarter Performance
Rexford Industrial Realty, Inc. disclosed income for the first quarter of $ 0.33 per share, from the revenue of $ 77.49 million. The quarterly earnings extended 3.07 percent while revenues compared with the same quarter last year.
The consensus estimates are $ 71.87 million in revenue The bottom line results street analysts by $ 0.04 or , at the same time, top line results outshined analysts by $ 5.62 million or 7.82 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Rexford Industrial Realty, Inc.
Stock Performance
According to the previous trading day, closing price of REXR was $ 40.70, representing a 28.03 % increase from the 52 week low of $ 31.79 and a 23.9 % decrease over the 52 week high of $ 53.48.
The company has a market capital of $ 4.99 billion and is part of the Real Estate sector and REIT – Industrial industry.
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Recent Stock Dividend Announcement
On May 4, 2020, the board of directors authorized quarterly dividend of $ 0.215 per share to holders of record as of the close of business on June 30, 2020, with payment date of July 15, 2020 and ex-dividend date on June 29, 2020.
Rexford Industrial is a real estate investment trust focused on owning and operating industrial properties in Southern California infill markets. The Company owns 192 properties with approximately 23.6 million rentable square feet and manages an additional 19 properties with approximately 1.0 million rentable square feet.
