Lexington Realty Trust (LXP) Tops Q4 EPS by 6c; AFFO of $0.26

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Lexington Realty Trust Reports Fourth Quarter 2017 Results

February 27, 2018 6:01 AM EST

NEW YORK, Feb. 27, 2018 (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 fourth quarter and year ended December 31, 2017.

Fourth Quarter 2017 Highlights

Generated Net Income attributable to common shareholders of $29.2 million, or $0.12 per diluted common share.Generated Adjusted Company Funds From Operations available to all equityholders and unitholders - diluted (Adjusted Company FFO) of $63.1 million, or $0.26 per diluted common share.Acquired four industrial... More