04:39 PM EDT, 04/17/2024 (MT Newswires) -- Rexford Industrial Realty ( REXR ) reported Q1 core funds from operations late Wednesday of $0.58 per diluted share, up from $0.52 a year earlier.

Analysts polled by Capital IQ expected adjusted FFO of $0.46.

Revenue for the quarter ended March 31 was $214.1 million, up from $186.2 million a year earlier.

Four analysts surveyed by Capital IQ expected $214.9 million.

The company said it now expects full year 2024 core FFO per diluted share between $2.31 and $2.34. The previous guidance was between $2.27 and $2.30.

Analysts polled by Capital IQ expect adjusted FFO of $1.91.