First Industrial and Essential Properties expected to show revenue growth

what happened

Earnings Preview reports that First Industrial Realty Trust, based in Chicago, will publish results on October 21 for the period ending September 30, 2026. The mean estimate of eight analysts, based on LSEG data, points to revenue rising 7.9% to $195.848 million from $181.43 million a year earlier, with earnings of 46 cents per share.

Essential Properties Realty Trust, based in Princeton, New Jersey, reports the same day. Revenue is expected to climb 12.8% to $163.481 million from $144.93 million, with earnings of 34 cents per share from a 12-analyst estimate. Of First Industrial's coverage, 11 analysts rate the shares buy or strong buy and 7 hold; for Essential Properties, 19 rate buy or strong buy and one holds. The median 12-month target is $71.00 against a last close of $58.76 for the first, and $37.00 against $26.09 for the second.

why it matters

Earnings estimates for both companies have been unchanged over the last three months, so the reports may serve as a check on expectations already in place. For commercial real estate investors, rental rates, warehouse occupancy and interest rate moves, which shape REIT borrowing costs, remain the key factors.

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