LXP Industrial Trust expected to post a loss of 1 cent a share - Earnings Preview

LXP Industrial Trust

31/07/2023 17:44

* LXP Industrial Trust  LXP.N   LXP  is expected to show a
rise in
quarterly revenue when it reports  results on August 2. 
    * The New York City-based  company is expected to report  a
7.3% increase in revenue to $83.661 million from $77.94 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for LXP Industrial
Trust is
for a loss of 1 cent per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for LXP
Industrial
Trust is $11​, above​ its last closing price of $10.30. ​​​

This summary was machine generated July 31 at 16:44 GMT.  All
figures in US dollars  unless otherwise stated