Oct 21, 4:35 PM ET
First Industrial reported third-quarter 2026 results showing diluted FFO of $0.81 per share, up from $0.76 a year earlier, and diluted EPS of $0.44, down from $0.49. The company raised its 2026 FFO guidance by $0.01 at the midpoint, while occupancy fell to 94.1% from 94.9% in the prior quarter.
- Q3 2026 total revenues were $197.1 million, up from $181.4 million a year earlier.
- Q3 2026 diluted EPS was $0.44, versus $0.49 in Q3 2025; the prior-year quarter included a $9.5 million gain on sale of real estate.
- 2026 FFO guidance was increased $0.01 at the midpoint; cash same store NOI growth guidance was raised 75 basis points to 6.5% at the midpoint.
- In-service occupancy was 94.1% at September 30, 2026, compared with 94.9% at June 30, 2026.
Read the filing on SEC.gov ↗
Aug 17, 5:38 PM ET
First Industrial Realty Trust filed an amendment to an earlier 8-K to disclose committee assignments for director Frank E. Schmitz, who joined the Board effective June 1, 2026. On August 13, 2026, the Board appointed him to its Nominating/Corporate Governance Committee and Compensation Committee. The filing is administrative and does not describe a change in financial results or strategy.
- Frank E. Schmitz was elected to the Board effective June 1, 2026, when the Board size increased from six to seven members.
- On August 13, 2026, the Board appointed Mr. Schmitz to the Nominating/Corporate Governance Committee and the Compensation Committee.
- The amendment was filed to provide committee assignment details omitted from the original 8-K.
Read the filing on SEC.gov ↗
Jul 22, 4:55 PM ET
First Industrial Realty Trust reported second-quarter 2026 diluted EPS of $0.58, up from $0.42 a year earlier, and FFO of $0.82 per share/unit, up from $0.76. The company raised the midpoint of its 2026 FFO guidance by $0.02 per share, to a range of $3.08 to $3.16 before advisory costs tied to a contested proxy campaign.
- Q2 2026 total revenues were $194.9 million, versus $180.2 million in Q2 2025.
- Net income available to common stockholders was $77.1 million in Q2 2026, versus $55.2 million a year earlier.
- In-service occupancy was 94.9% at June 30, 2026, versus 94.2% a year earlier; cash same store NOI rose 6.7%.
- Quarterly common dividend was $0.500 per share, up from $0.445 a year earlier. The company will hold a conference call on July 23, 2026.
Read the filing on SEC.gov ↗
Apr 22, 4:53 PM ET
First Industrial reported first-quarter 2026 revenue of $194.8 million, up from $177.1 million, and diluted EPS of $1.08, up from $0.36, helped by a $109.0 million gain on sale of real estate. Diluted FFO per share was $0.68, flat year over year, and $0.72 excluding $5.6 million of advisory costs tied to a contested proxy campaign. Shareholders also received a 12.4% dividend increase to $0.50 per share, though occupancy was lower than a year earlier.
- Revenue rose to $194.8 million from $177.1 million; diluted EPS was $1.08 versus $0.36, driven by a $109.0 million gain on sale of real estate compared with $6.8 million a year earlier.
- Diluted FFO was $0.68 per share/unit, flat with a year earlier; $0.72 excluding $5.6 million of proxy campaign advisory costs.
- Cash same store NOI grew 8.7%, while in-service occupancy was 94.3% at March 31, 2026, down from 95.3% a year earlier.
- Quarterly dividend raised to $0.50 per share from $0.445, a 12.4% increase, and a new share repurchase program of up to $250 million was established.
Read the filing on SEC.gov ↗
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