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

LXP Industrial Trust

30/04/2024 18:25

* LXP Industrial Trust  LXP.N   LXP  is expected to show a
fall in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The New York City-based  company is expected to report a
3.9% decrease in revenue to $81.723 million from $85.08 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG'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 $10.00​, above​ its last closing price of $8.51. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.16        0.17       0.17      Met     1.6
 Sep. 30 2023              0.18       0.18      Met     2.2
 Jun. 30 2023  0.17        0.17       0.18      Beat    5.3​
 Mar. 31 2023  0.17        0.17       0.17      Met     0.7
 ​​Dec.        0.18        0.17       0.28      Beat    66.7
 31 2022                                                
 Sep. 30 2022  0.17        0.17       0.17      Met     1.9​
 Jun. 30 2022  0.17        0.17       0.17      Met     1.2
 Mar. 31 2022  0.17        0.17       0.17      Met     -2.3
 This summary was machine generated April 30 at 17:25 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)