• Rexford Industrial Realty Inc REXR.N reported quarterly adjusted earnings of 30 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 27 cents. The mean expectation of four analysts for the quarter was for earnings of 27 cents per share. Wall Street expected results to range from 25 cents to 28 cents per share.

• Revenue rose 17.8% to $252.29 million from a year ago; analysts expected $244.74 million.

• Rexford Industrial Realty Inc's reported EPS for the quarter was 30 cents​.

• The company reported quarterly net income of $68.35 million.

• Rexford Industrial Realty Inc shares had fallen by 16.8% this quarter and lost 15.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is also "buy"

• Wall Street's median 12-month price target for Rexford Industrial Realty Inc is $42.50

This summary was machine generated from LSEG data April 16 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)