Raised Guidance Could Change The Case For First Industrial Realty Trust Stock

yf_tkr_FR · 2026-10-23 · Bullish AI sentiment

$FR

First Industrial Realty Trust reported third quarter 2026 sales of US$197.12 million and net income of US$58.55 million, alongside funds from operations of US$0.81 per share and higher nine month earnings compared with the prior year period. Beyond the headline figures, investors saw 52% cash rent increases on new and renewal leases, 5.6% cash same store NOI growth, and active capital deployment into acquisitions and development, while 2026 earnings guidance moved higher. This article...

Sector coverage: Real Estate · REIT - Industrial

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