💨 Abstract

First Industrial Realty Trust (FR) reported strong second-quarter results, exceeding Wall Street expectations. The Chicago-based company reported funds from operations of $102.8 million, or 76 cents per share, surpassing the estimated 72 cents per share. The company's net income was $55.2 million, or 42 cents per share, with revenue of $180.2 million, also beating forecasts.

Courtesy: WTOP Staff