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

LXP Industrial Trust

02/08/2023 14:32

* LXP Industrial Trust  LXP.N  reported a quarterly adjusted
loss
of 3 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of
one cent per share.
    * Revenue rose 9.1% to $85.07 million from a year ago;
analysts
expected $83.66 million. 
    * LXP Industrial Trust's reported EPS for the quarter was a
loss
of 3 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.9%
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 2.5% this
quarter and
lost 0.3% so far this year.
    * The company reported a quarterly loss of $9.68 million.
    * Wall Street's median 12-month price target for LXP
Industrial
Trust is $11.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.17           0.18           Beat
 Mar. 31 2023      0.17           0.17           Met
 Dec. 31 2022      0.17           0.28           Beat
 Sep. 30 2022      0.17           0.17           Met