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flag LXP Industrial Trust reported strong quarterly earnings, boosting its stock by $0.38 to $8.55.

flag LXP Industrial Trust, a US-based real estate investment trust focused on single-tenant industrial properties, reported strong quarterly earnings, surpassing expectations. flag The company updated its FY 2024 guidance to an EPS of 0.610-0.650, close to analyst forecasts. flag Shares rose $0.38, trading at $8.55 during mid-day Thursday. flag LXP has a market cap of $2.52 billion and a P/E ratio of 142.61. flag JMP Securities maintained a "market perform" rating with an average target price of $11.33.

2 months ago
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