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

LXP Industrial Trust (NYSE:LXP) is expected to 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 Up 2.0 %

LXP stock opened at $8.45 on Wednesday. The company has a market capitalization of $2.49 billion, a price-to-earnings ratio of 140.77 and a beta of 0.89. LXP Industrial Trust has a fifty-two week low of $7.65 and a fifty-two week high of $10.56. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.12 and a current ratio of 0.12. The stock has a fifty day moving average of $8.42 and a 200-day moving average of $9.31.

Wall Street Analysts Forecast Growth

Separately, JMP Securities restated 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 given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus 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.