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