Lexington Realty Trust (LXP) Tops Q1 EPS by 3c; Offers FY20 EPS Guidance Above Consensus
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Lexington Realty Trust Reports First Quarter 2020 Results
May 7, 2020 6:00 AM EDTNEW YORK, May 07, 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 first quarter ended March 31, 2020.
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... More