A Look at First Industrial Realty's Upcoming Earnings Report

First Industrial Realty (NYSE:FR) is preparing to release its quarterly earnings on Wednesday, 2024-10-16. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect First Industrial Realty to report an earnings per share (EPS) of $0.67.

Investors in First Industrial Realty are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings Track Record

The company's EPS beat by $0.02 in the last quarter, leading to a 2.92% increase in the share price on the following day.

Here's a look at First Industrial Realty's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.64

0.62

EPS Actual

0.66

0.60

0.63

0.62

Price Change %

3.0%

-5.0%

6.0%

-2.0%

Tracking First Industrial Realty's Stock Performance

Shares of First Industrial Realty were trading at $54.49 as of October 14. Over the last 52-week period, shares are up 25.89%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Insights Shared by Analysts on First Industrial Realty

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on First Industrial Realty.

First Industrial Realty has received a total of 10 ratings from analysts, with the consensus rating as Neutral. With an average one-year price target of $58.8, the consensus ...