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

LXP Industrial Trust

01/11/2022 16:01

* LXP Industrial Trust  LXP.N   LXP  is expected to show a
fall in
quarterly revenue when it reports  results on November 3. 
    * The New York City-based  company is expected to report  a
3.6% decrease in revenue to $79.373 million from $82.35 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for LXP Industrial
Trust is
for earnings of 1 cent per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "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 $12​, above​ its last closing price of $9.68. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Sep. 30 2021  0.18        0.18       0.19      Beat    5.9
 ​​Jun.        0.18        0.19       0.18      Missed  -3
 30 2021                                                
 Mar. 31 2021  0.19        0.19       0.22      Beat    17.8​
 Dec. 31 2020  0.19        0.19       0.20      Beat    7.7
 Sep. 30 2020  0.19        0.19       0.19      Met     2.6
 This summary was machine generated November 1 at 16:01 GMT.  All
figures in US dollars  unless otherwise stated