Insights into First Industrial Realty Q4 Earnings

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The Q4 earnings report for First Industrial Realty FR was released on Wednesday, February 5, 2025 at 04:28 PM.

Here's what investors need to know about the latest announcement.

Earnings

First Industrial Realty beat estimated earnings by 3.0%, reporting an EPS of $0.71 versus an estimate of $0.69.

Revenue was up $18.31 million from the same period last year.

Performance in Previous Earnings

The company beat on EPS by $0.01 in the previous quarter, leading to a 2.0% drop share price change the next day.

Here's a look at First Industrial Realty's past performance:

Quarter Q3 2024 Q2 2024 Q1 2024 Q4 2023
EPS Estimate 0.67 0.64 0.62
EPS Actual 0.68 0.66 0.60 0.63
Revenue Estimate 166.83M 163.57M 159.62M 156.70M
Revenue Actual 167.65M 164.14M 162.27M 157.28M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

First Industrial Realty management provided guidance for FY 2025, expecting earnings between $2.87 and $2.97 per share.

To track all earnings releases for First Industrial Realty visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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