Stock Track | Rexford Industrial Plunges Over 5% Pre-Market on Disappointing 2025 Guidance and Share Buyback Plan

Stock Track
02-06

Rexford Industrial Realty Inc. (REXR) shares plummeted over 5% in pre-market trading on Thursday, following the release of the company's fourth quarter 2024 earnings results and full-year 2025 guidance.

While the industrial real estate investment trust reported core funds from operations (FFO) of $0.58 per share for Q4 2024, in line with Wall Street expectations, its 2025 guidance fell short. REXR projected full-year core FFO of $2.37 to $2.41 per share, lower than the consensus estimate of $2.47. The company also guided for a slowdown in same-property net operating income (NOI) growth compared to 2024.

Additionally, REXR announced a new $300 million share repurchase program over the next 24 months. While share buybacks can return capital to shareholders, some analysts suggest the move may signal concerns about future growth prospects or a lack of attractive investment opportunities.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10