Lexington Realty Trust (LXP) Tops Q4 EPS by 31c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus

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Lexington Realty Trust Reports Fourth Quarter 2020 Results

February 18, 2021 6:00 AM EST

NEW YORK, Feb. 18, 2021 (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, 2020.

Fourth Quarter 2020 Highlights

Generated Net Income attributable to common shareholders of $102.7 million, or $0.37 per diluted common share.Generated Adjusted Company Funds From Operations available to all... More