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LXP Industrial Trust - LXP STOCK NEWS

Welcome to our dedicated news page for LXP Industrial Trust (Ticker: LXP), a resource for investors and traders seeking the latest updates and insights on LXP Industrial Trust.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LXP Industrial Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of LXP Industrial Trust's position in the market.

Rhea-AI Summary
LXP Industrial Trust (NYSE:LXP) announced Q2 2023 results, including a net loss of $(9.7) million and Adjusted Company FFO of $52.7 million. They completed 2.0 million sq ft of new and extended leases, increasing Industrial Same-Store NOI by 5.8%. Revenues were $87.1 million, with a net loss of $(9.7) million. LXP ended the quarter with net debt to Adjusted EBITDA at 6.3x. They expect net income to be within $0.21 to $0.25 per diluted common share for 2023 and Adjusted Company FFO to be within $0.66 to $0.70 per diluted common share.
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LXP Industrial Trust

NYSE:LXP

LXP Rankings

LXP Stock Data

2.68B
286.54M
2.23%
95.87%
1.24%
Other Financial Vehicles
Finance and Insurance
Link
US
New York

About LXP

lexington realty trust is a real estate investment trust that invests in, owns and manages commercial properties net leased to major corporations throughout the united states. in addition, the company provides investment advisory and asset management services to investors in the net lease area.