Lexington Realty Trust (LXP) Reports Q3 EPS of $0.90, Revenues Beat

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Go back to Lexington Realty Trust (LXP) Reports Q3 EPS of $0.90, Revenues Beat

Lexington Realty Trust Reports Third Quarter 2018 Results

November 6, 2018 6:00 AM EST

NEW YORK, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Lexington Realty Trust (Lexington) (NYSE: LXP), a real estate investment trust focused on single-tenant industrial real estate investments, today announced results for the third quarter ended September 30, 2018.

Third Quarter 2018 Highlights

Generated Net Income attributable to common shareholders of $216.2 million, or $0.90 per diluted common share.Generated Adjusted Company Funds From Operations available to all equityholders and unitholders - diluted (Adjusted Company FFO) of $58.2 million, or $0.24 per diluted common share.Disposed of 21 office assets... More