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

LXP Industrial Trust

16/02/2023 14:30

* LXP Industrial Trust  LXP.N  reported quarterly adjusted
earnings of 13 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for a loss of one cent per share.
    * Revenue fell 7.2% to $79.24 million from a year ago;
analysts
expected $77.67 million. 
    * LXP Industrial Trust's reported EPS for the quarter was 13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * LXP Industrial Trust shares had risen by 13.3% this
quarter.
    * The company reported quarterly net income of $36.87
million.
    * Wall Street's median 12-month price target for LXP
Industrial
Trust is $11.50 
    * 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." 

This summary was machine generated from Refinitiv data February
16 at 02:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.17           0.28           Beat
 Sep. 30 2022      0.17           0.17           Met
 Jun. 30 2022      0.17           0.17           Met
 Mar. 31 2022      0.17           0.17           Met