Earnings Preview For First Industrial Realty

First Industrial Realty FR is set to give its latest quarterly earnings report on Wednesday, 2023-04-19. Here's what investors need to know before the announcement.

Analysts estimate that First Industrial Realty will report an earnings per share (EPS) of $0.28.

First Industrial Realty bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

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).

Here's a look at First Industrial Realty's past performance and the resulting price change:

Stock Performance

Shares of First Industrial Realty were trading at $51.38 as of April 17. Over the last 52-week period, shares are down 21.32%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for First Industrial Realty visit their earnings calendar on our site.

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