Yahoo Finance First Industrial Realty Trust Full Year 2022 Earnings: EPS Beats Expectations
First Industrial Realty Trust (NYSE:FR) Full Year 2022 Results
Key Financial Results
Funds from operations (FFO): US$308.4m (up 21% from FY 2021).
FFO per share: US$2.3 (up from US$1.97 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
First Industrial Realty Trust EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.7%.
Looking ahead, revenue is forecast to grow 79% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the REITs industry in the US.
Performance of the American REITs industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We should say that we've discovered 4 warning signs for First Industrial Realty Trust (2 make us uncomfortable!) that you should be aware of before investing here.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here
