NYSE:REXRIndustrial REITs
Will REXR’s Q2 Impairment Hit and US$1 Billion Buyback Change Rexford Industrial Realty's (REXR) Narrative
Rexford Industrial Realty, Inc. reported past second quarter 2026 results showing sales of US$243 million, revenue of US$245.51 million, and a net loss of US$504.15 million driven by non-cash impairments, alongside funds from operations of US$0.63 per share that exceeded consensus estimates.
Alongside these mixed operating metrics, the company unveiled a new US$1.0 billion stock repurchase program and raised its 2026 disposition guidance to US$1.5–2.0 billion as it repositions its portfolio...