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

LXP Industrial Trust

03/05/2023 14:32

* LXP Industrial Trust  LXP.N  reported quarterly adjusted
earnings of 3 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for breakeven
results per share.
    * Revenue rose 8.3% to $85.08 million from a year ago;
analysts
expected $81.34 million. 
    * LXP Industrial Trust's reported EPS for the quarter was 3
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.4%
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 fallen by 9.7% this
quarter and
lost 7.1% so far this year.
    * The company reported quarterly net income of $9.53
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," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
3 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.17           0.17           Met
 Dec. 31 2022      0.17           0.28           Beat
 Sep. 30 2022      0.17           0.17           Met
 Jun. 30 2022      0.17           0.17           Met