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

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Lexington Realty Trust Reports Fourth Quarter 2018 Results

February 27, 2019 6:00 AM EST

NEW YORK, Feb. 27, 2019 (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 fourth quarter and year ended December 31, 2018.

Fourth Quarter 2018 Highlights

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... More