The earnings call reflected a balanced view with strong leasing performance, strategic capital allocation, and solid financials, countered by challenges from declining market rents, tariff impacts, and extended lease-up periods.

Company Guidance -

Q2 2025

During Rexford Industrial Realty, Inc.'s first quarter 2025 earnings call, the company provided several key metrics and guidance. Rexford executed 2.4 million square feet of leases with net effective and cash rent spreads of 24% and 15%, respectively. Despite a 2.8% sequential decline and a 9.4% year-over-year drop in market rents, Rexford outperformed the overall market. The company achieved an 82% tenant retention rate, the highest in the past year, and reported positive absorption of 125,000 square feet for the quarter. Rexford's guidance anticipates a potential increase in lease-up timing due to recent tariffs, projecting a $15 million net NOI contribution from repositioning and redevelopment. The company maintains a strong liquidity position with $1.6 billion, including $608 million in cash, and expects to close the recast of its credit facility in May, positioning itself for long-term value creation despite current economic uncertainties.

Strong Leasing Performance

Executed 2.4 million square feet of leases with net effective and cash rent spreads of 24% and 15%, respectively. Achieved 82% tenant retention, the highest level over the past year.

Accretive Capital Allocation

Completed five repositioning projects totaling 560,000 square feet at a 7.6% unlevered yield and two dispositions totaling $103 million at low 4% exit cap rates.

Solid Financial Position

Core FFO was $0.62 per share, representing 7% growth both sequentially and year over year. Maintained a low leverage balance sheet with net debt to EBITDA at 3.9 times.

High Liquidity

More than $1.6 billion of liquidity, including $608 million of cash and nearly full availability on a $1 billion unsecured line of credit.

Rexford Industrial Realty (REXR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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REXR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 16, 2025	2025 (Q2)	0.25 / -	0.37	―	―	―
Apr 16, 2025	2025 (Q1)	0.27 / 0.30	0.27	11.11% (+0.03)
Feb 05, 2025	2024 (Q4)	0.27 / 0.27	0.29	-6.90% (-0.02)
Oct 16, 2024	2024 (Q3)	0.28 / 0.30	0.27	11.11% (+0.03)
Jul 17, 2024	2024 (Q2)	0.27 / 0.37	0.26	42.31% (+0.11)
Apr 17, 2024	2024 (Q1)	0.27 / 0.27	0.3	-10.00% (-0.03)
Feb 06, 2024	2023 (Q4)	0.27 / 0.29	0.22	31.82% (+0.07)
Oct 18, 2023	2023 (Q3)	0.27 / 0.27	0.21	28.57% (+0.06)
Jul 19, 2023	2023 (Q2)	0.26 / 0.26	0.22	18.18% (+0.04)
Apr 19, 2023	2023 (Q1)	0.22 / 0.30	0.27	11.11% (+0.03)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

REXR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 16, 2025	$32.31	$32.18	-0.40%
Feb 05, 2025	$39.85	$39.64	-0.53%
Oct 16, 2024	$47.77	$43.44	-9.06%
Jul 17, 2024	$47.64	$46.83	-1.70%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Rexford Industrial Realty (REXR) report earnings?

Rexford Industrial Realty (REXR) is schdueled to report earning on Jul 16, 2025, After Close (Confirmed).

What is Rexford Industrial Realty (REXR) earnings time?

Rexford Industrial Realty (REXR) earnings time is at Jul 16, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is REXR EPS forecast?

REXR EPS forecast for the fiscal quarter 2025 (Q2) is 0.25.

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