LXP Industrial Trust expected to post breakeven results a share - Earnings Preview

LXP Industrial Trust

27/10/2023 18:50

* LXP Industrial Trust  LXP.N   LXP  is expected to show a
rise in
quarterly revenue when it reports  results on October 31. 
    * The New York City-based  company is expected to report  a
9.4% increase in revenue to $85.624 million from $78.27 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 breakeven results 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 $7.97. ​​​

This summary was machine generated October 27 at 17:50 GMT.  All
figures in US dollars  unless otherwise stated