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FR

First Industrial Realty Trust Inc. (FR) earnings date & stock reaction

First Industrial Realty Trust Inc. · Real Estate

First Industrial Realty Trust Inc. earnings date & time

Next earningsWed, October 21 around 4:00 PM ET, after the closescheduled

Schedule

Korea time (KST)
Thu, October 22
Reporting pattern
12 of last 12 after close
Typical move
±2.4% · 12-report avg

What the market expects

Consensus EPS

$0.45Coming in above this counts as a beat

Year-ago quarter
$0.49→-8.2%
Full earnings calendarFrom an earnings calendar · Schedule last checked October 14

Price after the latest report

Reported July 22, 2026how the stock moved around it
Next-day move
-2.0%
After 5 days
-3.5%
Price around earnings

First Industrial Realty Trust Inc. (FR) rose the day after earnings in 7 of its last 12 reports (58%), moving ±2.4% on average. It has fallen despite beating the consensus estimate 5 times.

Up next day
7/12
58%
Fell despite growth
5/12
Good earnings ignored
Price when beating
-0.7%
avg over 9 beats
Price when missing
+2.2%
avg over 2 misses
Avg earnings move
±2.4%
typical swing on earnings
Biggest single move
+6.0%
'24.2 · largest reaction
🔑What actually moves this stock?

Even when EPS beat expectations, the stock fell 5 of the last 10 times. The number alone doesn't move it.

What really matters here
REIT EPS is distorted: look at cash earnings (FFO) and occupancy
In finance terms: FFO · occupancy
What to watch next report

Ignore EPS. Check FFO (cash earnings) and occupancy.

The real bar for this stock

Beating estimates isn't enough. Here's where the real surprise started.

Beat consensus 10 of 12 times
Median beat +39.4%. 5 of those beats still fell the next day.
Bigger beats didn't mean bigger gains
Surprise size and price moved separately here. Expectations, not beats, drive this stock.

How this stock reacts to earnings

Traits seen across its recent earnings reactions

Even strong results barely move the stock
Up the next day 4 of 9 beats (44%)
Reaction is erratic and hard to predict
Avg -0.7% on a beat, +2.2% on a miss
Tends to keep drifting the same way for days
Day-one direction continued · 83% of last 12
vs Real Estate sector avg (67 peers)
This
+0.3%
Sector
+0.1%
Avg next-day reaction

Earnings number vs guidance: which drives it?

How often the beat/miss matched the actual price move

This stock reacts more to guidance & expectations than the reported number
Moved opposite to results 7 of last 11 times (64%)
5xBeat but fell
Even a beat sells off if guidance disappoints
2xMissed but rose
Even a miss rebounds if guidance reassures
Fell despite growth5/12

5/9 beats fell next day · watches FFO · occupancy

Next-day reaction
  • Jun 2026 report-2.0%
  • Mar 2026 report-0.8%
  • Dec 2025 report+2.2%
  • Sep 2025 report+1.4%
  • Jun 2025 report+0.1%
  • Mar 2025 report+1.5%

Earnings timeline · bars = next-day move, ▲▼ = beat/miss

Apr–Jun 2026 results
Reported 2026-07-22
Next-day move
-2.0%
After 5 days -3.5%
EPS consensus $0.43 → $0.58 ▲ +36.2% beatRev $180M → $195M +8% YoY
Beat by +36.2% but stock -2.0%
Price around earnings

Earnings trend · last 12 quarters

EPS$0.58YoY +38%
'23.10'26.7
Revenue$0.2BYoY +8%
'23.10'26.7

Earnings history and price reaction

First Industrial Realty Trust Inc. across its last 12 earnings reports: EPS versus consensus, the move on the earnings day, and the cumulative move five trading days later.
Quarter endedReported (ET)vs market expectation (consensus)Earnings dayAfter 5 days
6/20262026-07-22+36.2%-2.0%-3.5%
3/20262026-04-22+227.3%†-0.8%-3.1%
12/20252026-02-04+39.4%+2.2%+1.6%
9/20252025-10-15+25.7%+1.4%+3.7%
6/20252025-07-16+6.7%+0.1%+3.5%
3/20252025-04-16-3.3%+1.5%+1.7%

12 reports, quarters ending 9/2023 to 6/2026. The earnings-day move is the first trading day that reflects the report; the five-day figure is the cumulative move from that point.

Frequently asked questions

When is the next First Industrial Realty Trust Inc. earnings date?

The next First Industrial Realty Trust Inc. (FR) earnings report is expected Wed, October 21 around 4:00 PM ET, after the close. It comes from an earnings calendar and may not be a company-confirmed date; it updates automatically if it changes.

What is the consensus EPS forecast for First Industrial Realty Trust Inc.'s next earnings?

Analysts expect EPS of about $0.45 for First Industrial Realty Trust Inc. (FR). Coming in above that counts as a beat, below it a miss — though a beat does not guarantee the stock rises.

Does First Industrial Realty Trust Inc. (FR) stock usually go up after earnings?

Over the last 12 earnings reports, the stock rose on 7 of them (58%). The average move on earnings day was ±2.4%.

Does First Industrial Realty Trust Inc. react more to the earnings numbers or to guidance?

In 7 of the last 11 reports (64%), the stock moved the opposite way from whether it beat or missed the forecast. A high share means guidance and expectations drive the move more than the reported numbers.

Can First Industrial Realty Trust Inc. stock fall even when earnings are good?

Yes. In 5 of the last 12 reports, First Industrial Realty Trust Inc. fell on the earnings day despite growing EPS. Expectations already priced in, or guidance, can matter more than the reported numbers.

Does First Industrial Realty Trust Inc. stock keep moving after the earnings day?

Over the last 12 reports, the move continued in the same direction for the following five trading days 83% of the time. This tendency is known as post-earnings announcement drift.