LXP Industrial Trust expected to post a loss of 2 cents a share - Earnings Preview

LXP Industrial Trust

04/11/2024 15:36

* LXP Industrial Trust  LXP.N   LXP  is expected to show a
rise in
quarterly revenue when it reports  results on November 6 for the
period ending September 30 2024
    * The New York City-based  company is expected to report a
0.4% increase in revenue to $84.218 million from $83.84 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data. (SAL represents Property/ Total Revenue)
    * ​LSEG's mean analyst estimate for LXP Industrial Trust is
for a
loss of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "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 $11.50​, above​ its last closing price of $9.22. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.16        0.16       0.16      Met     2
 Mar. 31 2024              0.16       0.16      Met     1.5
 Dec. 31 2023  0.16        0.17       0.17      Met     1.6​
 Sep. 30 2023  0.18        0.18       0.18      Met     2.2
 ​​Jun.        0.17        0.17       0.18      Beat    5.3
 30 2023                                                
 Mar. 31 2023  0.17        0.17       0.17      Met     0.7​
 Dec. 31 2022  0.18        0.17       0.28      Beat    66.7
 Sep. 30 2022  0.17        0.17       0.17      Met     1.9
 This summary was machine generated November 4 at 15:36 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)