04:52 PM EDT, 10/16/2024 (MT Newswires) -- Rexford Industrial Realty ( REXR ) reported Q3 core funds from operations late Wednesday of $0.59 per diluted share, up from $0.56 a year earlier.
Analysts polled by Capital IQ expected $0.59 per share.
Revenue for the quarter ended Sept. 30 was $241.8 million, up from $205.4 million a year ago. Analysts expected $242.8 million.
The company said it now expects full-year 2024 core FFO per diluted share of $2.33 to $2.35, compared with its previous guidance of between $2.32 and $2.34. Analysts expected $2.36.