Lexington Realty Trust (LXP) Misses Q2 EPS by 7c, Revenues Beat; Offers FY18 EPS Outlook

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Lexington Realty Trust Reports Second Quarter 2018 Results

August 8, 2018 6:00 AM EDT

NEW YORK, Aug. 08, 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 second quarter ended June 30, 2018.

Second Quarter 2018 Highlights

Generated Net Loss attributable to common shareholders of $3.3 million, or $(0.01) per diluted common share.Generated Adjusted Company Funds From Operations available to all equityholders and unitholders - diluted (Adjusted Company FFO) of $62.4 million, or $0.25 per diluted common share.Acquired three industrial properties for an aggregate... More