First Industrial (FR) Q3 2026 Earnings Call Transcript

First Industrial Realty Trust (FR) raised its 2026 NAREIT FFO guidance to $3.11-$3.15, while maintaining a year-end occupancy target of 95.5%. The update reflects the company's expectations for future financial performance.

First Industrial Realty Trust (FR) reported Q3 improvements in national industrial fundamentals, with vacancy declining to 6.3% and net absorption exceeding completions. The company raised its 2026 NAREIT FFO guidance to $3.11-$3.15 per share. It acquired properties in Pennsylvania and Texas, and sees development opportunities in several regions. Year-end occupancy is expected to be around 95.5%.

First Industrial Realty Trust (FR) reported Q3 2026 earnings of $0.44 per share, missing estimates, while revenue rose 8.6% to $197.1M. Shares fell 6.3% to $55.64. The company raised full-year guidance but expects slower rent growth in 2027. Occupancy and leasing metrics showed strength, with 5.6% same-store NOI growth.

FIRST INDUSTRIAL REALTY TRUST INC (FR) filed an SEC Form 8-K — Results of Operations and Financial Condition. FIRST INDUSTRIAL REALTY TRUST REPORTS THIRD QUARTER 2026 RESULTS • Cash Rental Rates on New and Renewal Leasing Increased 52% in 3Q26 • Cash Same Store NOI Growth of 5.6% in 3Q26 • Acquired 100% Leased 764,000 SF Building in Central Pennsylvania for $120 Million in 3Q26 • Signed

First Industrial Realty Trust (FR) reported Q3 EPS of $0.44, missing estimates by $0.03, but revenue of $197.12M exceeded expectations. The stock is down 11.33% over 3 months but up 6.74% over 12 months. InvestingPro rates its financial health as 'great performance.'

First Industrial Realty Trust (FR) reported Q3 2026 results, with cash rental rates up 52% on new/renewal leases and cash same-store NOI growth of 5.6%. The company acquired a $120M building and signed leases for 32,000 SF in Miami. FFO guidance increased by $0.01 at the midpoint, with 2026 cash same-store NOI growth guidance raised to 6.5%.