First Industrial Realty (NYSE:FR) reported quarterly earnings of $0.56 per share. This is a 16.67 percent increase over earnings of $0.48 per share from the same period last year.
First Industrial Realty (NYSE:FR) is set to give its latest quarterly earnings report on Wednesday, 2022-07-20. Here's what investors need to know before the announcement.
Analysts estimate that First Industrial Realty will report an earnings per share (EPS) of $0.28.
The industrial real estate asset category has been, undoubtedly, playing a crucial role for the past few years in the growing e-commerce market, transforming how consumers shop and receive their goods. Moreover, the companies are making immense efforts to improve supply-chain efficiencies, propelling demand for logistics infrastructure and efficient distribution networks.