05:13 PM EDT, 04/22/2026 (MT Newswires) -- First Industrial Realty Trust ( FR ) reported Q1 funds from operations late Wednesday of $0.68 per diluted share, unchanged from a year earlier.

Analysts polled by FactSet expected $0.72, if comparable.

Revenue for the three months ended March 31 was $194.8 million, up from $177.1 million a year earlier.

Analysts surveyed by FactSet expected $182.3 million.

The company expects 2026 FFO per share before advisory costs related to a contested proxy campaign of $3.09 to $3.19. Analysts expect $3.15, if comparable.