Lexington Realty Trust (LXP) Tops Q4 EPS by 30c

Go back to Lexington Realty Trust (LXP) Tops Q4 EPS by 30c

Lexington Realty Trust Reports Fourth Quarter 2019 Results

February 20, 2020 6:00 AM EST

NEW YORK, Feb. 20, 2020 (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, 2019.

Fourth Quarter 2019 Highlights

Generated Net Income attributable to common shareholders of $83.6 million, or $0.33 per diluted common share.Generated Adjusted Company Funds From Operations available to all equityholders and unitholders - diluted (Adjusted Company FFO) of $52.4 million, or $0.20 per diluted common share.Raised net proceeds of... More