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 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 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 |