Group 1: Financial Performance - LXP Industrial reported quarterly funds from operations (FFO) of 0.17 per share a year ago [1] - The company posted revenues of 82.96 million in the same quarter last year [2] - The current consensus FFO estimate for the upcoming quarter is 85.94 million, and for the current fiscal year, it is 348.97 million [7] Group 2: Market Performance and Outlook - LXP Industrial shares have increased by approximately 0.6% since the beginning of the year, while the S&P 500 has gained 2.9% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating it is expected to perform in line with the market in the near future [6] - The outlook for the REIT and Equity Trust - Residential industry is currently in the bottom 22% of over 250 Zacks industries, which may impact LXP Industrial's stock performance [8] Group 3: Estimate Revisions and Trends - The estimate revisions trend for LXP Industrial is mixed, and changes in these estimates could affect stock performance following the earnings report [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in estimate revisions, which investors can track [5]
LXP Industrial (LXP) Matches Q4 FFO Estimates