First Industrial EPS Climbs 10.5% In Q2

First Industrial Realty Trust (NYSE:FR), a real estate investment trust focused on logistics and industrial properties in major U.S. markets, reported fiscal 2025 second-quarter results on Wednesday, July 16, that topped analysts' consensus expectations. Earnings per share (EPS) of $0.42 beat the forecasted $0.38, while Q2 revenue came in at $180.2 million, ahead of the $177.6 million consensus estimate. The quarter showed strong operational execution with expansion in FFO per share, but revealed a slight decline in occupancy rates. Overall, the period highlighted notable rental growth, a disciplined development strategy, and a robust capital position, though occupancy and leasing velocity faced some recent pressure.Source: First Industrial Realty. Note: Analysts' consensus estimates provided by FactSet. YOY = Year over year. Same-store net operating income (NOI) growth is on a cash basis, before termination fees. bps = basis points.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool