LXP / LXP Industrial: New Name, New Portfolio, Uncertain Future

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

The industrial REIT sector has seen a steady increase in interest rates, impacting the spread between cap rates and the cost of capital. LXP's cap rat more_horizontal

LXP Industrial Trust has reorganized as an industrial REIT with low vacancy and properties in the Sunbelt and lower Midwest. The company's net debt co more_horizontal

LXP Industrial (LXP) came out with quarterly funds from operations (FFO) of $0.18 per share, beating the Zacks Consensus Estimate of $0.17 per share. more_horizontal

LXP Industrial carries a strong portfolio and is seeing high occupancy and robust lease spreads. The majority of its debt is fixed rate and it carries more_horizontal

LXP Industrial shares many of the same characteristics as its peers but continues to be a sector laggard. This is despite higher occupancy levels, a m more_horizontal

LXP Industrial Trust (NYSE:LXP ) Q1 2023 Earnings Conference Call May 3, 2023 8:30 AM ET Company Participants Heather Gentry – Senior Vice President more_horizontal

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 more_horizontal