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Rexford Industrial (REXR) Reports Q4 Earnings: What Key Metrics Have to Say
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Rexford Industrial (REXR - Free Report) reported $242.9 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 15.4%. EPS of $0.58 for the same period compares to $0.29 a year ago.
The reported revenue represents a surprise of -0.34% over the Zacks Consensus Estimate of $243.73 million. With the consensus EPS estimate being $0.58, the company has not delivered EPS surprise.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Rexford Industrial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Rental revenues: $239.74 million compared to the $239.51 million average estimate based on three analysts. The reported number represents a change of +15.3% year over year.
Revenues- Management and leasing services: $0.17 million versus $0.16 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2.5% change.
Revenues- Interest income: $2.99 million compared to the $3.06 million average estimate based on three analysts. The reported number represents a change of +27.1% year over year.
Net Earnings Per Share (Diluted): $0.27 compared to the $0.27 average estimate based on four analysts.
Shares of Rexford Industrial have returned +6% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Rexford Industrial (REXR) Reports Q4 Earnings: What Key Metrics Have to Say
Rexford Industrial (REXR - Free Report) reported $242.9 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 15.4%. EPS of $0.58 for the same period compares to $0.29 a year ago.
The reported revenue represents a surprise of -0.34% over the Zacks Consensus Estimate of $243.73 million. With the consensus EPS estimate being $0.58, the company has not delivered EPS surprise.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Rexford Industrial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Rental revenues: $239.74 million compared to the $239.51 million average estimate based on three analysts. The reported number represents a change of +15.3% year over year.
- Revenues- Management and leasing services: $0.17 million versus $0.16 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2.5% change.
- Revenues- Interest income: $2.99 million compared to the $3.06 million average estimate based on three analysts. The reported number represents a change of +27.1% year over year.
- Net Earnings Per Share (Diluted): $0.27 compared to the $0.27 average estimate based on four analysts.
View all Key Company Metrics for Rexford Industrial here>>>Shares of Rexford Industrial have returned +6% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.