{
  "id": 16068583,
  "title": "Earnings call transcript: First Industrial Realty Trust Q3 2026 profit miss, shares fall",
  "url": "https://urgent.news/2026/10/22/earnings-call-transcript-first-industrial-realty-trust-q3-2026-profit",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-22T16:21:21.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-first-industrial-realty-trust-q3-2026-profit-miss-shares-fall-93CH-4967005"
  },
  "original_language": "en",
  "account": null,
  "summary": "First Industrial Realty Trust reported Q3 2026 earnings that missed Wall Street's profit target, with adjusted earnings per share at $0.44, below the estimated $0.47. Revenue of $197.12 million slightly exceeded the forecast of $196.29 million. Shares fell 6.69% to $55.43 in after-hours trading, near the bottom of its 52-week range. Despite the earnings miss, the company raised its full-year 2026 FFO guidance midpoint by $0.01 to $3.11 to $3.15 a share, with same-store cash NOI growth of 5.6% in the quarter. Management noted steady demand across its industrial portfolio, with in-service occupancy at 94.1%, above the prior forecast of 93.5%. The company also cited supportive industrial real estate fundamentals, with national vacancy improving to 6.3% and net absorption outpacing completions.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "FirstCash Non-GAAP EPS of $2.68 beats by $0.05, revenue of $1.1B beats by $30M",
        "url": "https://urgent.news/2026/10/22/firstcash-non-gaap-eps-of-2-68-beats-by-0-05-revenue-of-1-1b-beats-by",
        "published": "2026-10-22T10:17:08.000Z"
      },
      {
        "outlet": "Motley Fool",
        "title": "Live Oak Bancshares (LOB) Q3 2026 Earnings Call Transcript",
        "url": "https://urgent.news/2026/10/22/live-oak-bancshares-lob-q3-2026-earnings-call-transcript",
        "published": "2026-10-22T16:54:09.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}