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Companies / Logistics & diversified REITs / FR

First Industrial Realty Trust

FR · Logistics & diversified REITs sector group
Guidance from First Industrial Realty Trust’s last 8 earnings releases. Every value links to its sentence in the filing. See something wrong? Tell us.
Current guidance
9 items
Releases tracked
8
Latest release
Jul 22, 2026
Data checked
Jul 22, 2026
On this page:Latest changes·Current guidance·Your sector group·History

What changed in the Jul 22, 2026 release

Each item compared with the same item in the previous release (Apr 22, 2026). Values in quotation marks are the company’s words.

New — first stated in this releaseRaised / Lowered / Narrowed / Widened — changed from the prior releaseRevised — wording changed, direction not determinableChanged — value changed; the comparison couldn’t be parsed to a directionReiterated — restated unchangedNot restated — stated before, absent nowRaised and lowered describe the number, not whether the change is favorable.
ChangeMetricPeriodPreviousNowSource
NewFFOfor FY2026—“Increased $0.02 at the Midpoint”Filing ↗
RaisedSS NOI growth on a cash basis before termination feesfor FY2026“5.0% to 6.0%”“5.25% to 6.25%”Filing ↗
ReiteratedAverage quarter-end in service occupancyfor FY2026“94.0% to 95.0%”“94.0% to 95.0%”Filing ↗
ReiteratedGeneral and administrative expensefor FY2026“$42.0 million to $43.0 million”“$42.0 million to $43.0 million”Filing ↗
ReiteratedInterest capitalized per sharefor FY2026“$0.08 per share”“$0.08 per share”Filing ↗
Show 4 items not restated in this release
ChangeMetricPeriodPreviousNowSource
Not restatedBad debt expense assumptionfor FY2026“$1.0 million”—Filing ↗
Not restatedNAREIT FFOfor FY2026“$3.09 to $3.19 Per Share/Unit”—Filing ↗
Not restatedNAREIT FFO Growth at Midpointfor FY2026“Approximately 6%”—Filing ↗
Not restatedNAREIT Funds From Operations (Per share/unit)for FY2026“$3.09 to $3.19”—Filing ↗

Current guidance

Guidance for periods that have not yet ended, at its most recent value, grouped by horizon.

Current fiscal year
MetricCurrent valuePeriodMeasureFirst statedTimes statedSource
Average quarter-end in service occupancy“94.0% to 95.0%”for FY2026Company-definedFeb 4, 20263Filing ↗
Bad debt expense assumption“$1.0 million”for FY2026Company-definedFeb 4, 20261Filing ↗
Common dividend“$0.50 per share/unit”for FY2026Declared actionFeb 4, 20261Filing ↗
FFO“Increased $0.02 at the Midpoint”for FY2026Company-definedJul 22, 20261Filing ↗
General and administrative expense“$42.0 million to $43.0 million”for FY2026GAAP-tiedFeb 4, 20263Filing ↗
Interest capitalized per share“$0.08 per share”for FY2026GAAP-tiedFeb 4, 20263Filing ↗
NAREIT FFO“$3.09 to $3.19 Per Share/Unit”for FY2026Company-definedFeb 4, 20261Filing ↗
NAREIT FFO Growth at Midpoint“Approximately 6%”for FY2026Company-definedFeb 4, 20261Filing ↗
NAREIT Funds From Operations (Per share/unit)“$3.09 to $3.19”for FY2026GAAP-tiedFeb 4, 20261Filing ↗
SS NOI growth on a cash basis before termination fees“5.25% to 6.25%”for FY2026Company-definedFeb 4, 20263Filing ↗
No period stated
MetricCurrent valuePeriodMeasureFirst statedTimes statedSource
Share repurchase program“up to $250 million of common stock”—Declared actionApr 22, 20261Filing ↗

How one item moved

SS NOI growth on a cash basis before termination fees, for FY2026 — every statement across the year, each linked to its filing.

Feb 4, 2026
New
“5.0% to 6.0%”
Filing ↗
Apr 22, 2026
Reiterated
“5.0% to 6.0%”
Filing ↗
Jul 22, 2026
Raised
“5.25% to 6.25%”
Filing ↗

How your Logistics & diversified REITs sector group guides

12 companies in Logistics & diversified REITs. What they guide on, and who reported this season.

Most-guided metric families
GAAP EPS
11
Dividends
8
Revenue
7
Capex
6
Buybacks
6
Adjusted EBITDA
5
Interest expense
4
Same-store sales
3
This season’s releases
PrologisOct 15, 202618 changes
Simon Property GroupAug 10, 202617 changes
Realty IncomeAug 5, 20268 changes
EquinixJul 29, 202626 changes
Public StorageJul 29, 202619 changes
VentasJul 29, 202614 changes
American TowerJul 28, 202639 changes
Extra Space StorageJul 28, 20266 changes
Get this for your own peer set — Peer Guidance Briefing, $3,000.

Full history

Every metric, every release, eight quarters — the complete record as one table.

MetricFY2026FY2025FY2024No period
Net Income Available to Common Stockholders and Unitholders (High End of for 2025)—2 statements——
Additional in service development leasing assumed—1 statement——
Average quarter-end in service occupancy3 statements4 statements2 statements—
Bad debt expense assumption1 statement1 statement——
Common dividend1 statement2 statements——
The full record for First Industrial Realty Trust and its Logistics & diversified REITs peers, delivered as a Peer Guidance Briefing — PDF and Excel, every value linked to its filing.

Filings

The 8 earnings releases this page is built from.

FiledFiscal periodAccessionGuidance items
Jul 22, 2026FY2026 Q20000921825-26-0000605Open filing ↗
Apr 22, 2026FY2026 Q10000921825-26-0000515Open filing ↗
Feb 4, 2026FY2025 Q40000921825-26-00000810Open filing ↗
Oct 15, 2025FY2025 Q30000921825-25-00010110Open filing ↗
Jul 16, 2025FY2025 Q20000921825-25-0000694Open filing ↗
Apr 16, 2025FY2025 Q10000921825-25-0000359Open filing ↗
Feb 5, 2025FY2024 Q40000921825-25-00001411Open filing ↗
Oct 16, 2024FY2024 Q30000921825-24-0000929Open filing ↗
Values in quotation marks are the company’s words; the classification and filing links are HighGravityData’s. HighGravityData does not score or rank companies or give investment advice.
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