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Investing.com - Rexford Inl Rty reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Rexford Inl Rty announced earnings per share of $0.50 on revenue of $162.75. Analysts polled by Investing.com EPS of $0.22 on revenue of $159.78M.
Rexford Inl Rty 's are down 22% and is trading at $51.32 , still down 39.40% from its 52 week high of $84.68 set on Wednesday, April 20, 2022.
Rexford Inl Rty follows other major Real Estate sector earnings this month
Rexford Inl Rty's report follows an earnings beat by Prologis on Wednesday, who reported EPS of $1.36 on revenue of $1.75B, EPS of $1.34 on revenue of $1.2B.
Crown Castle had missed expectations on Wednesday with third quarter EPS of $0.97 on revenue of $1.57B, for EPS of $0.98 on revenue of $1.73B.
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