Rexford Industrial (REXR) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

By Zacks Equity Research | April 17, 2025, 9:30 AM

Rexford Industrial (REXR) reported $252.29 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 17.8%. EPS of $0.62 for the same period compares to $0.27 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $239.63 million, representing a surprise of +5.28%. The company delivered an EPS surprise of +8.77%, with the consensus EPS estimate being $0.57.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Rexford Industrial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Revenues- Rental revenues: $248.82 million versus the two-analyst average estimate of $235.17 million. The reported number represents a year-over-year change of +17.9%.
  • Revenues- Management and leasing services: $0.14 million compared to the $0.17 million average estimate based on two analysts. The reported number represents a change of +7.6% year over year.
  • Revenues- Interest income: $3.32 million versus $4.03 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +11.8% change.
  • Net Earnings Per Share (Diluted): $0.30 versus the three-analyst average estimate of $0.26.
View all Key Company Metrics for Rexford Industrial here>>>

Shares of Rexford Industrial have returned -20.2% over the past month versus the Zacks S&P 500 composite's -6.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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