Lexington Realty

LXP Industrial Trust is a real estate investment trust, which engages in financing, acquisition, and ownership of portfolio of single-tenant commercial properties. It also provides investment advisory and asset management services. The company was founded by E. Robert Roskind in October 1993 and is headquartered in New York, NY.

Earnings data Q1 2021

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Lexington Realty (LXP) excels in Q4 2022, eyes ESG growth

Lexington Realty (LXP) delivered a strong performance in Q4 2022, driven by robust leasing activity, successful dispositions, and prudent balance sheet management.
The focus on ESG initiatives, strategic development spend, and portfolio optimization underscores a commitment to sustainable growth and value creation.
While facing challenges in asset sales and market dynamics, LXP has opportunities to enhance ESG efforts, explore new growth avenues, and optimize capital deployment for future success.

Lexington Realty (LXP) excels in Q1 with strong leasing and sustainability focus

Lexington Realty (LXP) delivered strong Q1 results with notable leasing achievements and a focus on sustainability. While facing challenges in stabilizing developments and managing debt levels, the company is well-positioned to capitalize on opportunities in leasing and asset management.

Lexington Realty excels in Q2 leasing, eyes asset sales

Lexington Realty delivered a robust performance in Q2 2023, marked by strong leasing results and revenue generation in the industrial sector.
While facing challenges in managing leverage and asset sales, the company remains well-positioned to capitalize on market opportunities and drive growth.
By leveraging strengths in leasing, portfolio diversification, and financial flexibility, Lexington Realty aims to navigate challenges and seize growth opportunities.
Investors can monitor the company's progress in optimizing its portfolio, managing leverage, and capitalizing on market dynamics for potential returns.

Lexington Realty (LXP) reports robust Q3 performance and growth opportunities

Lexington Realty (LXP) demonstrated strong performance in leasing, sales, and financial metrics in Q3 2023.
While facing challenges like softening tenant demand and increased interest expenses, the company is poised for growth.
Opportunities in build-to-suit projects, refinancing, and development strategies offer avenues for future success.

Lexington Realty (LXP) excels in Q4 with robust leasing and strategic growth plans

Lexington Realty (LXP) delivered a solid performance in Q4 2023, driven by leasing success and strategic financial decisions. The company's focus on growth through development projects and market opportunities positions it well for continued success in 2024 and beyond.

Lexington Realty (LXP) reports strong Q1 results and eyes growth opportunities

Lexington Realty's Q1 performance reflects a solid operational foundation and growth prospects.
While facing challenges such as slow market dynamics, the company benefits from strong tenant relationships and financial stability.
Opportunities lie in development projects, stable market conditions, and strategic financial management.

Lexington Realty (LXP) excels in Q2 with robust leasing activity and strategic growth initiatives

Lexington Realty's Q2 performance reflects a strong leasing market and strategic focus on growth and efficiency. The company's emphasis on reducing leverage, exploring asset sales, and optimizing rents positions it well for future success amidst market challenges and opportunities.

Lexington Realty (LXP) reports robust Q3 performance and growth strategies

Lexington Realty's Q3 performance reflects strong leasing outcomes and strategic asset management decisions, positioning the company for continued growth.
While challenges such as noncore asset management and market fluctuations exist, opportunities in lease-up activities and market optimization offer avenues for future success.
Investors can be optimistic about Lexington Realty's proactive approach to portfolio management and its commitment to maximizing value for shareholders.

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LXP Industrial Trust is a real estate investment trust, which engages in financing, acquisition, and ownership of portfolio of single-tenant warehouse and distribution properties. Its properties are located in Ohio, Indiana, South Carolina, Georgia, and Arizona. The company was founded by E. Robert Roskind in October 1993 and is headquartered in New York, NY.

LXP Industrial Trust (NYSE:LXP ) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Heather Gentry - Investor Relations Will Eglin - Chief Executive Officer Brendan Mullinix - Chief Investment Officer James Dudley - Executive Vice President Beth Boulerice - Chief Financial Officer Conference Call Participants Jon Petersen - Jefferies LLC James Kammert - Evercore ISI Mitch Germain - Citizens JMP Operator Good morning and welcome to LXP Industrial Trust Third Quarter 2024 Earnings Call and Webcast. All participants are in a listen-only mode.

LXP Industrial Trust (LXP) Q3 2024 Earnings Call Transcript

LXP Industrial (LXP) came out with quarterly funds from operations (FFO) of $0.16 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.18 per share a year ago.

LXP Industrial (LXP) Q3 FFO Match Estimates

WEST PALM BEACH, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on Class A warehouse and distribution real estate investments, today announced results for the quarter ended September 30, 2024.

LXP Industrial Trust Reports Third Quarter 2024 Results

WEST PALM BEACH, Fla., Oct. 08, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE: LXP) (“LXP”), a real estate investment trust (REIT) focused on Class A warehouse and distribution real estate investments, today announced it will release its third quarter 2024 financial results the morning of Wednesday, November 6, 2024. LXP will host its conference call and webcast that same day at 8:30 a.m., Eastern Time to discuss these results. Participants may access the call and webcast by the following:

LXP Industrial Trust to Report Third Quarter 2024 Results and Host Conference Call November 6, 2024

LXP Industrial owns a high-quality portfolio of single-tenant industrial properties across the U.S. The company recently became a pure-play industrial REIT after fully exiting its office portfolio. While LXP carries higher leverage, it has maintained its high-yield dividend.

LXP Industrial: Attractive Dividend Yield, Upside Potential In A Lower Rate Environment

LXP Industrial Trust (NYSE:LXP ) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Heather Gentry - IR Will Eglin - CEO Brendan Mullinix - CIO James Dudley - EVP Beth Boulerice - CFO Conference Call Participants Anthony Paolone - JPMorgan Todd Thomas - KeyBanc Capital Markets Mitch Germain - Citizens JMP Camille Bonnel - Bank of America James Kammert - Evercore ISI Jon Petersen - Jefferies LLC Operator Thank you for standing by. My name is Christa and I will be your conference operator today.

LXP Industrial Trust (LXP) Q2 2024 Earnings Call Transcript

LXP Industrial (LXP) Matches Q2 FFO Estimates

WEST PALM BEACH, Fla., July 31, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on Class A warehouse and distribution real estate investments, today announced results for the quarter ended June 30, 2024.

LXP Industrial Trust Reports Second Quarter 2024 Results

I find value in underfollowed stocks with attractive prices and high yields, like LXP Industrial. LXP has transitioned to an industrial REIT with strong portfolio fundamentals, strong tenant profile, and growth potential through rent escalations and new developments. LXP's 5.6% dividend yield, strategic market positioning, and solid balance sheet make it an attractive buy for value investors compared to more expensive peers in the industrial sector.

LXP Industrial: Dividend Bargain Flying Under The Radar

WEST PALM BEACH, Fla., June 27, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE: LXP) (“LXP”), a real estate investment trust (REIT) focused on Class A warehouse and distribution real estate investments, today announced it will release its second quarter 2024 financial results the morning of Wednesday, July 31, 2024. LXP will host its conference call and webcast that same day at 8:30 a.m., Eastern Time to discuss these results. Participants may access the call and webcast by the following:

LXP Industrial Trust to Report Second Quarter 2024 Results and Host Conference Call July 31, 2024

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Wall Street Favorites: 3 REITs With Strong Buy Ratings for June 2024

WEST PALM BEACH, Fla., June 17, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced that it declared a regular common share dividend for the quarter ending June 30, 2024 of $0.13 per common share payable on or about July 15, 2024 to common shareholders of record as of June 28, 2024.

LXP Industrial Trust Announces Quarterly Common Share Dividend

Brunner to serve as Executive Vice President of Capital Markets effective September 1, 2024 and will assume the roles of Chief Financial Officer and Treasurer on March 1, 2025 Brunner to serve as Executive Vice President of Capital Markets effective September 1, 2024 and will assume the roles of Chief Financial Officer and Treasurer on March 1, 2025

LXP Industrial Trust Announces Beth Boulerice to Step Down as Chief Financial Officer and be Succeeded by Nathan Brunner

WEST PALM BEACH, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by LXP Industrial Trust (NYSE:LXP), please note that the percentage underneath the "Subsequent Events" header was changed from "8%" to "26.9%". The corrected release follows:

CORRECTION: LXP Industrial Trust Reports First Quarter 2024 Results

WEST PALM BEACH, Fla., May 02, 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 quarter ended March 31, 2024.

LXP Industrial Trust Reports First Quarter 2024 Results

WEST PALM BEACH, Fla., April 12, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE:LXP) (“LXP”), a real estate investment trust (REIT) focused on single-tenant warehouse and distribution real estate investments, today announced it will release its first quarter 2024 financial results the morning of Thursday, May 2, 2024. LXP will host its conference call and webcast that same day at 8:30 a.m., Eastern Time to discuss these results. Participants may access the call and webcast by the following:

LXP Industrial Trust to Report First Quarter 2024 Results and Host Conference Call May 2, 2024

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Industrial real estate has experienced strong demand growth, leading to an increase in development of new warehouses. The supply and demand for industrial real estate vary by location, resulting in pockets of both strength and weakness. The future winners in the industrial real estate sector can be estimated by studying valuation and operating fundamentals.

Industrial Real Estate: Opportunities Amidst Supply And Demand Boom

LXP Industrial is an undervalued REIT with strong operating fundamentals and has transformed its portfolio to full industrial. The company has a diverse portfolio of Class A, single-tenant properties in secondary markets, attracting premier tenants. LXP has demonstrated fundamental growth, with positive Same-Store NOI growth and a 100% occupancy rate, and recently raised its dividend.

LXP Industrial: Dividends Raised, Transformation Complete

LXP Industrial Trust (LXP) Q4 2023 Earnings Call Transcript

LXP Industrial (LXP) came out with quarterly funds from operations (FFO) of $0.17 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.17 per share a year ago.

LXP Industrial (LXP) Q4 FFO Match Estimates

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.

LXP Industrial Trust Reports Fourth Quarter 2023 Results

NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced its final 2023 dividend income allocations for both its common and preferred shares as they will be reported on Form 1099-DIV. Additionally, the return of capital on the common shares (Nondividend Distributions in the table below) was reported on Internal Revenue Service Form 8937 pursuant to U.S. tax basis reporting as required under Internal Revenue Code 6045B.   A copy of the Internal Revenue Service Form 8937 can be found in the investor's section on LXP's website at https://ir.lxp.com/stock-info/tax-documents/form-8937/default.aspx

LXP Industrial Trust Announces Final 2023 Dividend Allocation

NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE:LXP) (“LXP”), a real estate investment trust (REIT) focused on single-tenant warehouse and distribution real estate investments, today announced it will release its fourth quarter 2023 financial results the morning of Thursday, February 15, 2024. LXP will host its conference call and webcast that same day at 8:30 a.m., Eastern Time to discuss these results. Participants may access the call and webcast by the following:

LXP Industrial Trust to Report Fourth Quarter 2023 Results and Host Conference Call February 15, 2024

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