Lexington Realty Trust (LXP) Tops Q2 EPS by 2c

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Lexington Realty Trust Reports Second Quarter 2016 Results

August 9, 2016 6:00 AM EDT

NEW YORK, Aug. 09, 2016 (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 second quarter ended June 30, 2016.

Second Quarter 2016 Highlights

Generated Net Income attributable to common shareholders of $46.8 million, or $0.20 per diluted common share.Generated Adjusted Company Funds From Operations available to all equityholders and unitholders - diluted (Adjusted Company FFO) of $71.8 million, or $0.29 per diluted common share.Disposed of six properties,... More