LXP Industrial Trust (LXP) to Release Quarterly Earnings on Thursday

LXP Industrial Trust (NYSE:LXP) will likely be issuing its quarterly earnings data before the market opens on Thursday, February 13th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $83.77 million for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

LXP Industrial Trust Stock Performance

LXP opened at $8.28 on Tuesday. The stock has a market cap of $2.44 billion, a P/E ratio of 137.94 and a beta of 0.89. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.12 and a quick ratio of 0.12. The firm has a fifty day moving average price of $8.45 and a 200 day moving average price of $9.32. LXP Industrial Trust has a 1 year low of $7.65 and a 1 year high of $10.56.

Analyst Ratings Changes

Separately, JMP Securities reaffirmed a “market perform” rating on shares of LXP Industrial Trust in a report on Friday, December 20th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $11.33.

LXP Industrial Trust Company Profile

LXP Industrial Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on single-tenant industrial real estate investments across the United States. LXP seeks to expand its industrial portfolio through acquisitions, build-to-suit transactions, sale-leaseback transactions, development projects and other transactions.