Lexington Realty Trust Reports Fourth Quarter 2018 Results

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Go back to Lexington Realty Trust Reports Fourth Quarter 2018 Results

Lexington Realty Trust (LXP) Tops Q4 EPS by 5c, Revenues Beat; Offers FY19 EPS Outlook

February 27, 2019 6:18 AM EST

Lexington Realty Trust (NYSE: LXP) reported Q4 EPS of $0.10, $0.05 better than the analyst estimate of $0.05. Revenue for the quarter came in at $87.25 million versus the consensus estimate of $85.3 million.

Generated Net Income attributable to common shareholders of $23.8 million, or $0.10 per diluted common share.Generated Adjusted Company Funds From Operations available to all equityholders and unitholders - diluted (Adjusted Company FFO) of $53.7 million, or $0.22 per diluted common share.Acquired two industrial properties for an aggregate cost of $107.7 million.Disposed of nine non-industrial properties for an aggregate gross sale price of $93.3... More