Categories AlphaGraphs, Earnings, Other Industries
Infographic: A snapshot of First Industrial Realty Trust’s Q3 2022 financial results
Industrial real estate company First Industrial Realty Trust, Inc. (NYSE: FR) announced financial results for the third quarter of 2022, reporting strong revenue and earnings growth.
Adjusted funds from operations increased 18% annually to $0.60 per share during the three-month period. Net income available to First Industrial Realty Trust’s shareholders was $123.76 million or $0.94 per share in the third quarter, compared to $42.40 million or $0.33 per share a year earlier. The bottom line benefitted from a 15% increase in revenues to $139.8 million.
Read management/analysts’ comments on quarterly reports
“Our team continued to execute on key transactions that support our capital allocation goals, including the sale of the remainder of our Cleveland holdings, the proceeds from which we are redeploying into value-creating development investments in higher rent growth markets,” 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!
Most Popular
Adobe (ADBE) Q2 adjusted earnings rise on higher revenues
Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in revenue and adjusted profit for the second quarter of 2025, amid continued growth in its subscription-based business. The design software
ORCL Earnings: Highlights of Oracle’s Q4 2025 financial report
Technology giant Oracle Corporation (NYSE: ORCL) has reported higher revenues and adjusted earnings for the fourth quarter of 2025. Total revenues increased to $15.9 billion in the May quarter from
Key highlights from Chewy’s (CHWY) Q1 2025 earnings results
Chewy, Inc. (NYSE: CHWY) reported its first quarter 2025 earnings results today. Net sales of $3.12 billion increased 8.3% year-over-year. Net income decreased 6.7% to $62.4 million compared to last
