05:07 PM EDT, 10/16/2024 (MT Newswires) -- First Industrial Realty Trust ( FR ) reported Q3 NAREIT funds from operations late Wednesday of $0.68 per diluted share, up from $0.62 a year earlier.

Analysts polled by Capital IQ expected FFO of $0.66.

Revenue in the three months ended Sept. 30 rose to $167.6 million from $155.1 million a year earlier.

Analysts surveyed by Capital IQ expected $168.1 million.

The company boosted full-year 2024 NAREIT funds from operations to $2.61 to $2.65 per diluted share, up $0.02 at the midpoint. Analysts surveyed by Capital IQ expect $2.62.

The company's shares fell 5% in recent after-hours trading.

Price: 53.11, Change: -2.79, Percent Change: -4.99