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LXP Industrial (LXP) Matches Q2 FFO Estimates
LXPLXP(LXP) ZACKS·2024-07-31 12:27

A quarter ago, it was expected that this real estate investment trust would post FFO of 0.16persharewhenitactuallyproducedFFOof0.16 per share when it actually produced FFO of 0.16, delivering no surprise. LXP Industrial, which belongs to the Zacks REIT and Equity Trust - Residential industry, posted revenues of 85.79millionforthequarterendedJune2024,missingtheZacksConsensusEstimateby0.7085.79 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 0.70%. This compares to year-ago revenues of 87.05 million. The company has topped consensus revenue estimates just once over the last four quarter ...