LXP Industrial Trust Reaffirms FY23 Adj. FFO Outlook $0.66 - $0.70
Portfolio Pulse from Benzinga Newsdesk
LXP Industrial Trust has reaffirmed its FY23 Adjusted Company FFO outlook of $0.66 to $0.70 per diluted common share. The company also estimates its net income attributable to common shareholders for the year ended December 31, 2023, to be within a range of $0.21 to $0.25 per diluted common share.
August 04, 2023 | 10:46 am
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LXP Industrial Trust has reaffirmed its FY23 Adjusted Company FFO outlook, which could provide stability to its stock price.
Reaffirming the FY23 Adjusted Company FFO outlook indicates that LXP Industrial Trust is confident in its financial projections. This could provide stability to its stock price as it reduces uncertainty for investors. However, the actual impact will depend on various factors including market conditions and investor sentiment.
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IMPORTANCE 75
RELEVANCE 100