Reports Q3 revenue $241.84M, consensus $239.86M. “Rexford Industrial continues to deliver strong operating results, underscoring the quality of our value-driven business model and dynamic team,” stated Michael Frankel and Howard Schwimmer, Co-Chief Executive Officers of the Company. “As we look ahead, we believe our extensive value-creation opportunity and favorable supply-demand dynamics inherent within our infill Southern California target market will continue to provide a significant runway to deliver high-quality, accretive cash flow growth for our stakeholders.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on REXR:
- Rexford Industrial price target raised to $58 from $57 at Evercore ISI
- Rexford Industrial CFO Clark sells 14,185 common shares
- Rexford Industrial announces lease-up of 275,000 square foot project
- Rexford Industrial price target lowered to $49 from $50 at Mizuho
- Rexford Industrial price target raised to $57 from $55 at Evercore ISI
