LXP Industrial Trust reports results for the quarter ended December 31 - Earnings Summary

LXP Industrial Trust

13/02/2025 14:31

* LXP Industrial Trust  LXP.N  reported quarterly adjusted
earnings of 11 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 4 cents.  The mean expectation of three analysts
for the quarter was for a loss of 2 cents per share. Wall Street
expected results to range from -3 cents to -1 cents per share.
    * Revenue rose 21.9% to $99.83 million from a year ago;
analysts
expected $83.84 million. 
    * LXP Industrial Trust's reported EPS for the quarter was 11
cents​.
    * The company reported quarterly net income of $31.39
million.
    * LXP Industrial Trust shares had risen by 0.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the commercial
reits
peer group is also "buy"

Wall Street's median 12-month price target for LXP Industrial
Trust is $11.00 
This summary was machine generated from LSEG data February 13 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.15           0.21           Beat
 Sep. 30 2024      0.15           0.15           Met
 Jun. 30 2024      0.16           0.16           Met
 Mar. 31 2024      0.16           0.16           Met