Categories AlphaGraphs, Earnings, Other Industries

FR Earnings: Highlights of First Industrial Realty Trust’s Q4 2022 results

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.

First Industrial Realty Trust Q4 2022 earnings infographic

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.

Read management/analysts’ comments on quarterly reports

“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!

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