Rexford Industrial Realty, Inc. (REXR) reported quarterly funds from operations (FFO) of $0.61 per share for the period ending March 2026, exceeding the Zacks Consensus Estimate of $0.60. This marks a slight decrease from FFO of $0.62 per share year-over-year. The company’s revenues for the quarter totaled $245.08 million, falling short of estimates by 0.04% and down from $252.29 million a year ago.
Rexford has delivered FFO surprises in four consecutive quarters, with a recent surprise of +1.46%. However, the company’s shares have declined by approximately 6.4% since the start of the year, compared to a 4.3% gain for the S&P 500. The current consensus for the next quarter anticipates an FFO of $0.60 on revenues of $244.55 million.
Rexford currently holds a Zacks Rank #4 (Sell), indicating expected underperformance in the near future. The company’s future performance will depend significantly on industry trends and management’s guidance during upcoming earnings calls.
