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

LXP Industrial Trust

31/10/2023 13:31

* LXP Industrial Trust  LXP.N  reported quarterly adjusted
earnings of 4 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for breakeven results per share.
    * Revenue rose 7.1% to $83.84 million from a year ago;
analysts
expected $85.62 million. 
    * LXP Industrial Trust's reported EPS for the quarter was 4
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.9%
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 fallen by 11.8% this
quarter and
lost 21.7% so far this year.
    * The company reported quarterly net income of $11.04
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
October 31 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.18           0.18           Met
 Jun. 30 2023      0.17           0.18           Beat
 Mar. 31 2023      0.17           0.17           Met
 Dec. 31 2022      0.17           0.28           Beat