AI brief of an SEC Form 8-K · Rexford Industrial Realty (REXR)

Rexford Industrial Q4 Core FFO per share up 3.6% to $0.58; 2025 guidance set

Positive Impact 3 of 5 earnings Written later

Rexford Industrial reported fourth quarter 2024 results on February 5, 2025, with Q4 total revenues of $242.9 million, up from $210.4 million a year earlier. Full-year 2024 net income attributable to common stockholders was $262.9 million, or $1.20 per diluted share, versus $1.12 in 2023, and Core FFO per diluted share rose 6.8% to $2.34. The company also initiated 2025 guidance of $2.37 to $2.41 in Core FFO per diluted share and authorized a $300 million share repurchase program.

Key points

  • Q4 2024 net income attributable to common stockholders was $59.4 million, or $0.27 per diluted share, versus $61.7 million, or $0.29, a year earlier
  • Q4 2024 Core FFO was $0.58 per diluted share, up 3.6% from $0.56; full-year Core FFO was $2.34, up 6.8%
  • 2025 guidance: net income of $1.21 to $1.25 per diluted share and Core FFO of $2.37 to $2.41 per diluted share
  • Board authorized up to $300 million of share repurchases over 24 months and a quarterly dividend of $0.43 per share, up 3.0%

The filing

CompanyRexford Industrial Realty (REXR)
Form8-K, current report
Filed with the SECFeb 5, 2025, 4:15 PM ET
Accession number0001571283-25-000003

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.