Lexington Realty Trust (LXP) Reports In-Line Q1 EPS

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Go back to Lexington Realty Trust (LXP) Reports In-Line Q1 EPS

Lexington Realty Trust Reports First Quarter 2015 Results

May 7, 2015 7:30 AM EDT

NEW YORK, May 07, 2015 (GLOBE NEWSWIRE) -- Lexington Realty Trust (Lexington) (NYSE: LXP), a real estate investment trust focused on single-tenant real estate investments, today announced results for the first quarter ended March 31, 2015.

First Quarter 2015 Highlights

Generated Company Funds From Operations (Company FFO) of $64.5 million, or $0.26 per diluted common share.Raised low end of 2015 FFO guidance by $0.01 per share to new range of $1.01 - $1.05 per share.Acquired five properties for $197.3 million.Invested $21.5 million in on-going build-to-suit projects and... More