Lexington Realty Trust Reports First Quarter 2020 Results
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Lexington Realty Trust (LXP) Tops Q1 EPS by 3c; Offers FY20 EPS Guidance Above Consensus
May 7, 2020 6:39 AM EDTLexington Realty Trust (NYSE: LXP) reported Q1 EPS of $0.06, $0.03 better than the analyst estimate of $0.03. Revenue for the quarter came in at $80.83 million versus the consensus estimate of $80.59 million.
First Quarter 2020 Highlights
Recorded Net Income attributable to common shareholders of $16.5 million, or $0.06 per diluted common share.Generated Adjusted Company Funds From Operations available to all equityholders and unitholders - diluted (Adjusted Company FFO) of $49.3 million, or $0.19 per diluted common share.Acquired four industrial properties for an aggregate cost of... More