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.

First Industrial Realty Trust Q1 2023 earnings infographic

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

  • First Industrial Realty Trust Q4 2022 earnings infographic
  • First Industrial Realty Trust Q3 2022 earnings infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Infographic: How Kohl’s Corporation (KSS) performed in Q1 2024

Kohl’s Corporation (NYSE: KSS) reported first quarter 2024 earnings results today. Net sales decreased 5.3% year-over-year to $3.2 billion. Comparable sales decreased 4.4%. Net loss was $27 million, or $0.24

Best Buy Co. (BBY) Q1 2025 earnings rise; comparable sales down 6.1%

Best Buy Co., Inc. (NYSE: BBY), a leading retailer of consumer electronics and related merchandise, reported higher profit for the first quarter of 2025, despite a decline in revenues. First-quarter

HRL Earnings: Key quarterly highlights from Hormel’s Q2 2024 financial results

Hormel Foods Corporation (NYSE: HRL) reported its second quarter 2024 earnings results today. Net sales decreased 3% year-over-year to $2.89 billion. Net earnings attributable to Hormel Foods Corporation were $189.2

Add Comment
Viewing Highlight