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

LXP Industrial Trust

13/02/2024 14:35

* LXP Industrial Trust  LXP.N   LXP  is expected to show a
rise in
quarterly revenue when it reports  results on February 15 for
the period ending December 31 2023
    * The New York City-based  company is expected to report a
5.8% increase in revenue to $83.83 million from $79.24 million a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data. (Revenue Consensus is on Total Property Revenue)
    * ​LSEG'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 $10.00​, above​ its last closing price of $9.05. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.18        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. 31 2022  0.18        0.17       0.28      Beat    66.7
 ​​Sep.        0.17        0.17       0.17      Met     1.9
 30 2022                                                
 Jun. 30 2022  0.17        0.17       0.17      Met     1.2​
 Mar. 31 2022  0.17        0.17       0.17      Met     -2.3
 Dec. 31 2021  0.19        0.19       0.18      Missed  -3.6
 This summary was machine generated February 13 at 14:35 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)