LXP Industrial Trust (LXP) Expected to Announce Quarterly Earnings on Thursday

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

LXP Industrial Trust Trading Up 0.4 %

Shares of LXP opened at $8.36 on Thursday. The stock’s 50-day moving average price is $8.51 and its 200 day moving average price is $9.37. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $2.46 billion, a price-to-earnings ratio of 139.27 and a beta of 0.89. LXP Industrial Trust has a 12-month low of $7.65 and a 12-month high of $10.56.

Analyst Ratings Changes

Separately, JMP Securities reissued a “market perform” rating on shares of LXP Industrial Trust in a research note on Friday, December 20th. One 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, LXP Industrial Trust currently has a consensus rating of “Hold” and an average target price of $11.33.

About LXP Industrial Trust

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.