LXP Industrial Trust Q4 net income falls, revenue declines

LXP Industrial Trust

12/02/2026 11:08

Overview

Real estate investment trust's Q4 net income was $27.1 mln, stable yr/yr

Adjusted Company FFO for Q4 was $47 mln, unchanged from last year

Company sold four warehouse facilities for $116.2 mln in Q4

Outlook

LXP estimates 2026 net income per share between $(0.01) and $0.14

LXP projects 2026 Adjusted Company FFO per share between $3.22 and $3.37

Company focuses on strategic capital deployment and leasing in 2026

Result Drivers

LEASE EXTENSIONS - LXP completed 2.1 million square feet of new leases and lease extensions, significantly increasing Base and Cash Base Rents

PROPERTY SALES - Co sold four warehouse facilities outside of target markets for $116.2 mln, aiding debt reduction

DEBT REDUCTION - LXP repaid $140 mln of 6.75% Senior Notes due 2028, reducing net debt to Adjusted EBITDA to 4.9x

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$0.46
Q4 Net Income
$27.10 mln
Q4 Adjusted FFO
$47 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the commercial reits peer group is "buy"

Wall Street's median 12-month price target for LXP Industrial Trust is $55.00, about 6.7% above its February 11 closing price of $51.56

The stock recently traded at 228 times the next 12-month earnings vs. a P/E of 107 three months ago

Press Release: ID:nGNX8Dk9jh

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)