Lexington Realty Trust (LXP) Tops Q4 EPS by 30c
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Price: $8.54 -2.62%
EPS Growth %: -105.9%
Financial Fact:
Income (loss) from discontinued operations: 0
Today's EPS Names:
NLY, CP, RUSHA, More
EPS Growth %: -105.9%
Financial Fact:
Income (loss) from discontinued operations: 0
Today's EPS Names:
NLY, CP, RUSHA, More
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Lexington Realty Trust (NYSE: LXP) reported Q4 EPS of $0.33, $0.30 better than the analyst estimate of $0.03.
- Generated Net Income attributable to common shareholders of $83.6 million, or $0.33 per diluted common share.
- Generated Adjusted Company Funds From Operations available to all equityholders and unitholders - diluted (“Adjusted Company FFO”) of $52.4 million, or $0.20 per diluted common share.
- Raised net proceeds of approximately $71.0 million by issuing approximately 6.6 million common shares through the ATM program.
- Disposed of 10 properties for an aggregate gross sale price of $172.7 million.
- Acquired six industrial properties for an aggregate cost of $264.1 million.
- Invested an aggregate of approximately $15.0 million in three new industrial development projects.
- Completed 2.2 million square feet of new leases and lease extensions.
- Declared a quarterly common share/unit dividend/distribution of $0.105 per share/unit, an increase of 2.4%.
- Increased industrial portfolio to 81.5% of gross real estate assets.
For earnings history and earnings-related data on Lexington Realty Trust (LXP) click here.
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