Industrial real estate company First Industrial Realty Trust, Inc. (NYSE: FR) announced financial results for the fourth quarter of 2022, reporting higher revenues and a decline in earnings.
Net income available to First Industrial Realty Trust’s shareholders was $81.9 million or $0.62 per share in the fourth quarter, compared to $114.3 million or $0.87 per share a year earlier. The bottom line benefitted from a 19% increase in revenues to $145 million.
“Our team is focused on building upon our excellent development track record of value creation through lease-up within our current pipeline,” said Johannson Yap, First Industrial’s chief investment officer.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported stronger-than-expected earnings for the fourth quarter. The tech firm also provided guidance for fiscal 2024. Earnings, excluding non-recurring items, came in
As Costco Wholesale Corporation (NASDAQ: COST) prepares to publish its first-quarter earnings, the warehouse behemoth’s stock climbed to an all-time high this week. When it reports the results next week,
Shares of Dollar General Corporation (NYSE: DG) turned red on Thursday despite the company delivering better-than-expected results for the third quarter of 2023. The stock has dropped 46% year-to-date. Although