Lexington Realty Trust Reports First Quarter 2019 Results

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Lexington Realty Trust (LXP) Tops Q1 EPS by 8c; Provides FY19 EPS Views

May 8, 2019 6:09 AM EDT

Lexington Realty Trust (NYSE: LXP) reported Q1 EPS of $0.11, $0.08 better than the analyst estimate of $0.03. Revenue for the quarter came in at $81.2 million versus the consensus estimate of $81.29 million.

First Quarter 2019 Highlights

Recorded Net Income attributable to common shareholders of $26.4 million, or $0.11 per diluted common share.Generated Adjusted Company Funds From Operations available to all equityholders and unitholders - diluted (Adjusted Company FFO) of $47.2 million, or $0.20 per diluted common share.Disposed of one... More