Categories AlphaGraphs, Earnings, Finance
Everything you need to know about First Industrial Realty Trust’s Q1 2023 results
Industrial real estate company First Industrial Realty Trust, Inc. (NYSE: FR) announced financial results for the first quarter of 2023, reporting higher revenues and earnings.
Net income available to First Industrial Realty Trust’s shareholders was $55.9 million or $0.42 per share in the first quarter, compared to $36.2 million or $0.27 per share a year earlier. The bottom line benefitted from a 19% increase in revenues to $149.4 million.
“We established a new company quarterly record for cash rental rate change of 58% while maintaining high occupancy and securing new customers for a few of our developments,” said Peter Baccile, First Industrial’s chief executive officer.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Home Depot (HD) Q3 2025 Earnings: Key financials and quarterly highlights
The Home Depot (NYSE: HD) reported its third quarter 2025 earnings results today. Sales were $41.4 billion, up 2.8% from the same period a year ago. Comparable sales increased 0.2%,
Earnings Preview: Best Buy set for modest Q3 gains amid cautious outlook
Best Buy Co., Inc. (NYSE: BBY) is navigating a challenging retail backdrop, marked by cautious consumer spending and tariff-related cost pressure. The consumer electronics retailer's upcoming earnings report is expected
J.M. Smucker (SJM) anticipated to report mixed results for Q2 2026
Shares of The J.M. Smucker Co. (NYSE: SJM) stayed red on Monday. The stock has dropped 3% in the past three months. The branded foods company is scheduled to report
