LXP Industrial Trust LXP.N reported quarterly adjusted earnings of 4 cents per share for the quarter ended in December, lower than the same quarter last year, when the company reported EPS of 13 cents. The mean expectation of three analysts for the quarter was for breakeven results per share.
Revenue rose 3.3% to $81.89 million from a year ago; analysts expected $83.83 million.
LXP Industrial Trust's reported EPS for the quarter was 4 cents.
The company reported quarterly income of $12.99 million.
LXP Industrial Trust shares had fallen by 11.1% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.8% in the last three months.
In the last 30 days, there have been earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
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."
Wall Street's median 12-month price target for LXP Industrial Trust is $10.00
This summary was machine generated from LSEG data February 15 at 02:32 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Dec. 31 2023 |
0.17 |
0.17 |
Met |
Sep. 30 2023 |
0.18 |
0.18 |
Met |
Jun. 30 2023 |
0.17 |
0.18 |
Beat |
Mar. 31 2023 |
0.17 |
0.17 |
Met |