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LXP Industrial Trust (LXP)
:LXP
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.02Last Year’s EPS
0.01Same Quarter Last Year
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: 2.15%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
LXP Industrial Trust reported strong same-store NOI growth and positive leasing outcomes, along with successful asset sales and a high-quality tenant base. However, the company faces challenges related to tariff uncertainty, potential lower tenant retention, and increased tenant improvement costs.Company Guidance
During the LXP Industrial Trust's first-quarter 2025 earnings call, the company provided comprehensive guidance for the fiscal year. They reported an adjusted company FFO of $0.16 per diluted common share, amounting to approximately $46 million, in line with expectations. LXP maintained its 2025 same-store NOI growth projection of 3% to 4% and an adjusted company FFO range of $0.61 to $0.65 per diluted common share. The low end of this guidance assumes no leasing of the big boxes in 2025, while the high end considers all three big-box leases commencing in the year's second half. Their same-store portfolio was reported to be 99.2% leased at the quarter's end. The company also highlighted their strategic focus on 12 target markets located in the Sunbelt and lower Midwest, where approximately 85% of their gross assets reside, and their proactive approach in capital recycling, having sold two industrial assets for $75 million at a 4.1% average cash capitalization rate. LXP's development and leasing strategies are aimed at capitalizing on favorable market conditions and demographic trends in their target regions.Strong Same-Store NOI Growth
Achieved a 5.2% growth in same-store NOI during the first quarter, with a 99.2% leased same-store portfolio by quarter-end.
Positive Leasing Outcomes
Leased approximately 1.1 million square feet, including significant rental increases and lease extensions with major tenants like Mars and in Phoenix.
Profitable Asset Sales
Sold two industrial assets for approximately $75 million, achieving an average cash capitalization rate of 4.1%.
High Quality Portfolio
Portfolio consists of 91% Class A industrial facilities, positioning well in a market favoring quality assets.
Strong Tenant Base
47% of ABR is from tenants with investment-grade rated parent companies, highlighting credit quality.
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LXP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LXP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| May 01, 2025 | $7.89 | $8.00 | +1.39% |
| Feb 13, 2025 | $8.04 | $8.42 | +4.73% |
| Nov 06, 2024 | $9.00 | $9.42 | +4.67% |
| Jul 31, 2024 | $10.00 | $9.84 | -1.60% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does LXP Industrial Trust (LXP) report earnings?
LXP Industrial Trust (LXP) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is LXP Industrial Trust (LXP) earnings time?
LXP Industrial Trust (LXP) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LXP EPS forecast?
LXP EPS forecast for the fiscal quarter 2025 (Q2) is -0.02.
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