Rexford Industrial Realty Surges to 387th in Daily Rankings with $271 Million Turnover Despite Stock Price Drop

Generado por agente de IAAinvest Volume Radar
jueves, 17 de julio de 2025, 6:24 pm ET1 min de lectura
REXR--

On July 17, 2025, Rexford Industrial RealtyREXR-- Inc. (REXR) saw a significant increase in trading volume, with a turnover of $271 million, marking a 76.76% rise from the previous day. This surge placed Rexford at the 387th position in the daily stock market rankings. However, despite the high trading volume, the stock price of Rexford Industrial Realty Inc. (REXR) fell by 2.45%.

In the second quarter of 2025, Rexford Industrial reported revenue of $249.51 million, reflecting a 5% year-over-year increase. The company's earnings per share (EPS) stood at $0.59, indicating a strong financial performance. Additionally, the company's Same Property Portfolio NOI and Cash NOI increased by 1.1% and 3.9% respectively, compared to the same period last year.

During the earnings call, Rexford Industrial revealed that its revenue exceeded forecasts by 1.79%, while earnings per share surpassed expectations by 92%. The company's Core FFO (Funds From Operations) was reported at $0.59 per share, showing a slight increase from the previous quarter. The company's net income for the second quarter rose by 42%, with Core FFO increasing by 7.8%.

Rexford Industrial's financial results for the second quarter exceeded market expectations, demonstrating the company's robust performance and strong market position. The company's guidance for the coming quarters remains unchanged, reflecting confidence in its future prospects. Investors and analysts will be closely monitoring Rexford Industrial's performance in the coming quarters to assess its continued growth and stability.

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