Lexington Realty Earnings Reports

LXP Industrial Trust reported a strong third quarter in 2025, driven by strategic property sales and increased occupancy. The company's net income attributable to common shareholders saw a significant increase, and it successfully reduced leverage while maintaining stable Adjusted Company FFO.

LXP Industrial Trust delivered a strong second quarter in 2025, with significant increases in net income and a solid performance in Adjusted Company FFO. The company achieved a major milestone by leasing a large development facility, contributing to increased occupancy and future FFO. Strategic asset sales and debt repurchases further strengthened the balance sheet and improved debt metrics.

LXP Industrial Trust reported increased total gross revenues and significant improvement in net income attributable to common shareholders for the first quarter of 2025 compared to the same period in 2024. Adjusted Company FFO remained stable per diluted share.

LXP Industrial Trust reported a strong fourth quarter in 2024, driven by excellent leasing outcomes and solid same-store growth. The company completed 4.5 million square feet of leasing throughout the year, increasing Base and Cash Base rents, and generated attractive same-store NOI growth. They also acquired four Class A properties and substantially completed a 625,000 square foot build-to-suit, further increasing Sunbelt market exposure.

LXP Industrial Trust reported a net income of $4.7 million, or $0.02 per diluted common share, and Adjusted Company FFO of $46.7 million, or $0.16 per diluted common share. The company experienced a 5.4% increase in Same-Store NOI and completed new leases and lease extensions totaling 0.7 million square feet.

LXP Industrial Trust reported a net income attributable to common shareholders of $3.8 million, or $0.01 per diluted share, and an Adjusted Company FFO of $46.9 million, or $0.16 per diluted share, for the second quarter of 2024. The company also saw a 5.0% increase in Same-Store NOI and completed the sale of its remaining two consolidated office assets, transitioning to a 100% industrial portfolio.

LXP Industrial Trust reported a net loss attributable to common shareholders of $(1.9) million, or $(0.01) per diluted common share, and Adjusted Company FFO of $48.8 million, or $0.16 per diluted common share for the quarter ended March 31, 2024. The company also saw a 6.5% increase in Industrial Same-Store NOI compared to the same period in 2023.

LXP Industrial Trust reported a net income attributable to common shareholders of $13.0 million, or $0.04 per diluted common share, and Adjusted Company FFO of $51.4 million, or $0.17 per diluted common share, for the fourth quarter of 2023. The company completed 2.2 million square feet of new leases and lease extensions, increasing Industrial Same-Store NOI by 4.1%.

LXP Industrial Trust reported a net income attributable to common shareholders of $11.0 million, or $0.04 per diluted common share, and Adjusted Company FFO of $51.9 million, or $0.18 per diluted common share. The company increased industrial same-store NOI by 5.0% and completed 481,500 square feet of new and extended leases.

LXP Industrial Trust reported a net loss attributable to common shareholders of $(9.7) million, or $(0.03) per diluted common share, for the quarter ended June 30, 2023. However, the company generated Adjusted Company FFO of $52.7 million, or $0.18 per diluted share, and increased Industrial Same-Store NOI by 5.8% compared to the same period in 2022.

LXP Industrial Trust reported total gross revenues of $85.1 million and net income attributable to common shareholders of $9.5 million, or $0.03 per diluted share, for the quarter ended March 31, 2023. Adjusted Company FFO was $50.3 million, or $0.17 per diluted share.

LXP Industrial Trust reported a decrease in total gross revenues to $81.1 million compared to $86.5 million for the same quarter last year, while net income attributable to common shareholders was $36.9 million, or $0.13 per diluted share, compared to $260.5 million, or $0.90 per diluted share, for the same period last year. Adjusted Company FFO was $47.9 million, or $0.17 per diluted share, compared to $53.8 million, or $0.18 per diluted share, for the same quarter of the previous year. The company's stabilized industrial portfolio was 99.5% leased as of December 31, 2022.

LXP Industrial Trust reported strong third quarter results, driven by gains from asset sales, increased rents, and strategic capital investments. The Board of Trustees raised the quarterly dividend by 4.2% for the fourth quarter, reflecting the strength of the portfolio and operations.

LXP Industrial Trust reported strong second quarter results with the industrial portfolio performing well, featuring high occupancy and positive leasing outcomes. Industrial cash rents for extended leases increased by 19% on approximately half a million square feet. Industrial same store NOI grew 5.8% during the quarter.

LXP Industrial Trust reported its first quarter 2022 results, featuring a decrease in total gross revenues to $80.3 million compared to $92.6 million in the same quarter of the previous year. Net income attributable to common shareholders decreased to $9.0 million, or $0.03 per diluted share, from $39.4 million, or $0.14 per diluted share, year-over-year. The Adjusted Company FFO also decreased to $48.1 million, or $0.16 per diluted share, compared to $63.7 million, or $0.22 per diluted share, in the prior year.

LXP Industrial Trust reported strong fourth-quarter results, with a warehouse and distribution portfolio 99.8% leased at year-end. The company executed 1.7 million square feet of full building leases on two development projects and advanced five development projects totaling 6.3 million square feet.

Lexington Realty Trust reported third-quarter results with 95% of gross assets now industrial. The company generated Adjusted Company FFO of $53.6 million, or $0.19 per diluted share. They also announced an 11.6% increase in the quarterly common share dividend.

Lexington Realty Trust reported strong second quarter results, with a focus on industrial portfolio growth. The company closed on $205 million of warehouse/distribution properties and increased industrial base and cash base rents. They have nearly completed their portfolio transition to a 100% industrial REIT.

Lexington Realty Trust reported strong first quarter results, with revenues increasing to $92.6 million and net income attributable to common shareholders reaching $39.4 million, or $0.14 per diluted share. Adjusted Company FFO was $63.7 million, or $0.22 per diluted share. The company also completed a development project and purchased income-producing properties, while progressing with its capital recycling plan.

Lexington Realty Trust announced strong Q4 2020 results, with increased revenues and net income compared to the same period last year. The company's industrial exposure reached 91% of overall gross real estate assets, and rental collections remained consistent at over 99%.

Lexington Realty Trust announced strong third-quarter results, with nearly 100% cash base rent collection and an increase in the percentage leased to 98.9%. The company added $429.8 million of high-quality industrial assets to its portfolio and increased the annualized common share dividend by 2.4% to $0.43 per common share.

Lexington Realty Trust reported a strong Q2 2020, maintaining high occupancy rates and rent collection. The company's focus on single-tenant industrial assets and strategic balance sheet management contributed to its stability during the COVID-19 pandemic.

Lexington Realty Trust reported first quarter 2020 results, including net income attributable to common shareholders of $16.5 million, or $0.06 per diluted common share, and Adjusted Company Funds From Operations of $49.3 million, or $0.19 per diluted common share. The company acquired four industrial properties for $195.5 million and disposed of two office properties for $29.6 million.

Lexington Realty Trust reported strong fourth-quarter results, with investment activity exceeding $700 million and property sales surpassing $620 million. The company is focused on becoming a single-tenant industrial REIT, with industrial exposure representing nearly 82% of gross book value at year-end.