{"id":504767,"date":"2026-10-22T23:50:18","date_gmt":"2026-10-22T23:50:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/504767\/"},"modified":"2026-10-22T23:50:18","modified_gmt":"2026-10-22T23:50:18","slug":"rexford-industrial-q3-earnings-snapshot-business","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/504767\/","title":{"rendered":"Rexford Industrial: Q3 Earnings Snapshot | Business"},"content":{"rendered":"<p>LOS ANGELES (AP) \u2014 LOS ANGELES (AP) \u2014 Rexford Industrial Realty Inc. (REXR) on Thursday reported a key measure of profitability in its third quarter. The results met Wall Street expectations.<\/p>\n<p>The real estate investment trust, based in Los Angeles, said it had funds from operations of $132.7 million, or 60 cents per share, in the period.<\/p>\n<p>The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 60 cents per share.<\/p>\n<p>Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.<\/p>\n<p>The company said it had net income of $14.6 million, or 7 cents per share.<\/p>\n<p>The industrial real estate investment trust, based in Los Angeles, posted revenue of $239.1 million in the period.<\/p>\n<p>Rexford Industrial expects full-year funds from operations in the range of $2.41 to $2.44 per share.<\/p>\n<p>For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights.<\/p>\n","protected":false},"excerpt":{"rendered":"LOS ANGELES (AP) \u2014 LOS ANGELES (AP) \u2014 Rexford Industrial Realty Inc. (REXR) on Thursday reported a key&hellip;\n","protected":false},"author":2,"featured_media":504768,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[387,195157,3108,48,52,51,47,50,49],"class_list":["post-504767","post","type-post","status-publish","format-standard","has-post-thumbnail","category-los-angeles","tag-business","tag-earns-rexford-industrial","tag-financial-services","tag-la","tag-la-headlines","tag-la-news","tag-los-angeles","tag-los-angeles-headlines","tag-los-angeles-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/504767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=504767"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/504767\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/504768"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=504767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=504767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=504767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}