LXP Industrial Trust Reports Fourth Quarter 2023 Results
LXP Industrial Trust (Maryland REIT) (LXP)
Last lxp industrial trust (maryland reit) earnings: 2/20 06:00 am
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US:NYSE Investor Relations:
ir.lxp.com
Company Research
Source: GlobeNewswire
NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on single-tenant warehouse/distribution real estate investments, today announced results for the fourth quarter and year ended December 31, 2023. Fourth Quarter 2023 Highlights Recorded Net Income attributable to common shareholders of $13.0 million, or $0.04 per diluted common share.Generated Adjusted Company Funds From Operations available to all equityholders and unitholders - diluted (“Adjusted Company FFO”) of $51.4 million, or $0.17 per diluted common share.Increased Industrial Same-Store NOI 4.1% in 2023 compared to the same period in 2022. Completed 2.2 million square feet of new leases and lease extensions, raising Industrial Base and Cash Base Rents by 39.4% and 28.4%, respectively (56.1% and 40.6%, respectively excluding fixed-rate renewals).Extended the $300.0 million term loan until January 31, 2027.Issued $300.0 million aggregate principal a
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News
- LXP Industrial Trust (NYSE: LXP) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- LXP Industrial Trust (NYSE: LXP) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- LXP Industrial Trust to Report First Quarter 2024 Results and Host Conference Call May 2, 2024GlobeNewswire
- LXP Industrial Trust (NYSE: LXP) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- LXP Industrial Trust: A Speculative Case For M&A [Seeking Alpha]Seeking Alpha
LXP
Earnings
- 2/15/24 - In-Line
LXP
Sec Filings
- 4/8/24 - Form ARS
- 4/8/24 - Form DEFA14A
- 4/8/24 - Form DEF
- LXP's page on the SEC website