financetom
Business
financetom
/
Business
/
First Industrial Realty Trust Q2 FFO, Revenue Rise
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
First Industrial Realty Trust Q2 FFO, Revenue Rise
Jul 16, 2025 2:39 PM

05:00 PM EDT, 07/16/2025 (MT Newswires) -- First Industrial Realty Trust ( FR ) reported Q2 funds from operations late Wednesday of $0.76 per diluted share, up from $0.66 a year earlier.

Analysts polled by FactSet expected $0.73.

Revenue in the three months ended June 30 rose to $180.2 million from $164.1 million a year earlier.

Analysts surveyed by FactSet expected $177.6 million.

The company narrowed its 2025 NAREIT funds from operations outlook to the range of $2.88 to $2.96 from $2.87 to $2.97. Analysts surveyed by FactSet expect $2.90.

Shares of the company rose 1.4% in after-hours trading.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Exclusive-Northvolt seeks to sell electric industrial battery business by year-end
Exclusive-Northvolt seeks to sell electric industrial battery business by year-end
Dec 4, 2024
STOCKHOLM (Reuters) - Northvolt has held talks with a big industrial company on selling the business that makes electric battery packs for heavy industry, as a lack of funds forces it to try to divest one of its few profitable operations by the year-end, an internal memo shows. The rush to sell is the Swedish company's latest effort to strengthen...
Volkswagen recalls more than 4,600 vehicles in US over battery overheating concerns
Volkswagen recalls more than 4,600 vehicles in US over battery overheating concerns
Dec 4, 2024
(Reuters) -Volkswagen is recalling 4,616 vehicles in the United States over concerns that their high-voltage batteries may overheat and increase the risk of a fire, the National Highway Traffic Safety Administration said on Wednesday. The recall affects plug-in hybrids such as the 2022-2023 model year Audi Q5 SUVs and 2022 Audi A7 vehicles. Dealers will install advanced diagnostic software to...
Tavia Acquisition Prices IPO at $10 per Unit
Tavia Acquisition Prices IPO at $10 per Unit
Dec 4, 2024
05:48 AM EST, 12/04/2024 (MT Newswires) -- Tavia Acquisition (TAVI) said Tuesday it has priced an initial public offering of 10 million units at $10 per unit. The units, each consisting of one ordinary share and one right to receive one-tenth of an ordinary share upon completion of a business combination, are expected to commence trading Wednesday on Nasdaq under...
European Space Agency's sun-studying Proba-3 mission delayed
European Space Agency's sun-studying Proba-3 mission delayed
Dec 4, 2024
BENGALURU, Dec 4 (Reuters) - The European Space Agency postponed Wednesday's planned launch of its Proba-3 mission, aboard the Indian space agency's mainstay rocket, to observe the sun because of a technical issue and said it would now go ahead on Thursday. The Proba-3, a two-satellite system developed over more than a decade and costing about 200 million euros ($210...
Copyright 2023-2026 - www.financetom.com All Rights Reserved