First Industrial crushed Q2 with a 36% EPS beat, fueled by a 39% surge in industrial rental rates and a $131 million land sale at triple market value; the company hiked full-year guidance and sees more room to run as net absorption outpaces new supply.
First Industrial Realty Trust :
FR
FR
Stock Data
$63.61
$0.22 (0.35%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
REAL ESTATE
Industry
REIT - INDUSTRIAL
First Industrial Realty Trust Inc specializes in owning, operating, developing, and acquiring logistics properties across the U.S. It focuses on providing high-quality facilities and top-notch customer service to both multinational corporations and regional companies, playing a crucial role in their supply chains. With a strategic emphasis on markets with limited supply and coastal access, its portfolio includes around 68.5 million square feet of industrial space, targeting 15 major metropolitan areas.
Latest Activity
Q2 2026
EPS
$0.58
est $0.43+36.2%
Revenue
$195M
est $195M-0.1%
All First Industrial Realty Trust Articles
9 Articles