Lxp Industrial Trust Stock Price, News & Analysis

On April 13, 2023, LXP Industrial Trust (NYSE:LXP) announced it will release its Q1 2023 financial results on May 3, 2023. The conference call will take place at 8:30 a.m. ET that same day, allowing stakeholders to discuss the results. Participants can join via telephone at (888) 660-6082 with Conference ID 1576583 or via webcast through the provided links. A replay of the call will be available until August 1, 2023. LXP, a real estate investment trust focused on single-tenant warehouse and distribution properties, aims to expand its portfolio through acquisitions and development projects. Interested parties are advised to log in early to prepare for the call.

LXP Industrial Trust (NYSE: LXP) has declared a quarterly common share dividend of $0.125 per share, payable on or about April 17, 2023, to shareholders of record as of March 31, 2023. Additionally, a cash dividend of $0.8125 per share of Series C Cumulative Convertible Preferred Stock has been announced, payable on or about May 15, 2023, to shareholders of record as of April 28, 2023. LXP focuses on single-tenant industrial real estate investments and continues to seek portfolio expansion through various investments and development strategies.

LXP Industrial Trust (NYSE:LXP), a real estate investment trust (REIT) specializing in single-tenant warehouse and distribution properties, announced revised information for its fourth quarter 2022 conference call. The conference call remains unchanged, with participants able to access the replay and webcast through specific phone numbers and a dedicated link. The telephone replay will be available until May 17, 2023. LXP aims to expand its portfolio through acquisitions, development, and sale/leaseback transactions. For more information, investors can visit LXP's official website.

LXP Industrial Trust (NYSE:LXP) reported its fourth quarter and full-year 2022 results, with a net income attributable to common shareholders of $36.9 million, or $0.13 per diluted share in Q4. The total gross revenues for Q4 were $81.1 million, down from $86.5 million in Q4 2021. Adjusted Company FFO for Q4 was $47.9 million ($0.17 per diluted share), compared to $53.8 million ($0.18) a year earlier. For the full year 2022, net income was $107.3 million ($0.38 per diluted share) and Adjusted Company FFO was $193.1 million ($0.67). LXP completed 4.1 million square feet in leases, raising base rents by 30.7%. Looking ahead, the company forecasts 2023 Adjusted Company FFO between $0.66 and $0.70 per diluted share.

LXP Industrial Trust (NYSE:LXP) has announced that it will release its fourth quarter 2022 financial results on February 16, 2023. A conference call and webcast will follow at 8:30 a.m. Eastern Time on the same day. Participants can join the call via telephone at (888) 660-6144 or through the webcast link provided.

The call will have a replay available until May 17, 2023. LXP focuses on single-tenant warehouse and distribution investments across the U.S. and aims to grow its portfolio through various investment strategies. For more information, visit their official website.

LXP Industrial Trust (NYSE: LXP), a real estate investment trust focused on single-tenant industrial properties, announced its final 2022 dividend allocations for common and preferred shares. The common shares will receive $0.1200 per share, while the Series C preferred shares will receive $0.8125 per share, with record dates and payable dates specified. Additionally, the company reported returns of capital on common shares and filed IRS Form 8937 for tax purposes. The firm is actively expanding its portfolio through acquisitions and development projects, underscoring its commitment to growth.

LXP Industrial Trust (LXP) announced a 4.2% increase in its quarterly common share dividend, raising it to $0.125 per share for Q4 2022. For Q3 2022, net income attributable to common shareholders was $21.8 million ($0.08/share), showing significant improvement from $5.0 million in Q3 2021. Adjusted Company Funds From Operations (FFO) totaled $48.1 million ($0.17/share), down from $53.6 million ($0.19/share) year-over-year. LXP reported total gross revenues of $80.1 million, slightly declining from $83.4 million a year prior, primarily due to property sales.

LXP Industrial Trust announced the publication of its 2021 Corporate Responsibility Report, highlighting its commitment to enhanced environmental, social, governance, and resilience (ESG+R) initiatives. The report aligns with key sustainability frameworks and showcases LXP’s accomplishments, including receiving an above-average score from GRESB and obtaining over 1.3 million square feet of green building certifications. Additionally, LXP executed 14 green leases and achieved a tenant satisfaction score of 4.11 out of 5, exceeding industry benchmarks.

LXP Industrial Trust (NYSE:LXP) will announce its third quarter 2022 financial results on November 3, 2022. A conference call will follow at 8:30 a.m. ET to discuss these results. Participants can join the call via telephone at (888) 660-6082, using Conference ID 1576583, or access the webcast through provided links. A replay of the call will be available until February 1, 2023. LXP is a publicly traded REIT focused on single-tenant warehouse and distribution properties in the U.S. For further information, visit www.lxp.com.