LXP Industrial Trust Q4 Adj. FFO $0.17, Same YoY, Sales $82.96M Miss $83.83M Estimate
Portfolio Pulse from Benzinga Newsdesk
LXP Industrial Trust reported its Q4 adjusted FFO at $0.17 per share, consistent with the previous year, and sales of $82.96M, missing the $83.83M estimate but marking a 2.28% increase from last year.
February 15, 2024 | 11:05 am
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NEUTRAL IMPACT
LXP Industrial Trust's Q4 adjusted FFO remained stable at $0.17 per share, with a slight miss in sales forecasts but a year-over-year increase.
The stability in LXP Industrial Trust's adjusted FFO indicates operational consistency, while the slight miss in sales estimates may not significantly impact investor sentiment due to the year-over-year sales growth. The overall financial health appears stable, suggesting a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100