NYSE$LXP
Lexington Realty Trust · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported strong second quarter results driven by high occupancy and positive leasing outcomes in the industrial portfolio.
LXP Industrial Trust reported strong second quarter results with the industrial portfolio performing well, featuring high occupancy and positive leasing outcomes. Industrial cash rents for extended leases increased by 19% on approximately half a million square feet. Industrial same store NOI grew 5.8% during the quarter.
- Industrial portfolio continues to perform well with high occupancy.
- Industrial cash rents for extended leases increased 19% on approximately half a million square feet of leasing volume.
- Industrial same store NOI grew 5.8% during the quarter.
- LXP's stabilized industrial portfolio was 99.3% leased as of June 30, 2022.
Headline financials
Revenue & EPS history
Lexington Realty · Revenue · Quarterly
$79.8M
Forward guidance
LXP estimates net income attributable to common shareholders for the year ended December 31, 2022, will be within an expected range of $0.37 to $0.41 per diluted common share. LXP is also reaffirming that its Adjusted Company FFO for the year ended December 31, 2022, will be within an expected range of $0.64 and $0.68 per diluted common share.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.5%
Avg return
Earnings day
+0.0%
Avg return
5 days after
+0.8%
Avg return
30 days after
58%
37 / 64 earnings
Positive
+7.8%
Q2 2019
Best reaction
-7.2%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.0% | -1.4% | +1.2% | |
| Q4 2025 | -6.4% | -6.2% | -9.4% | |
| Q3 2025 | +2.4% | +1.1% | +1.9% | |
| Q1 2025 | +1.4% | +1.0% | +8.7% | |
| Q4 2024 | +4.7% | +4.5% | +10.9% | |
| Q3 2024 | +3.1% | +3.8% | -1.6% | |
| Q2 2024 | -3.5% | -9.1% | -1.0% | |
| Q1 2024 | +3.2% | +3.8% | +0.6% | |
| Q4 2023 | -2.2% | -2.0% | +1.8% | |
| Q3 2023 | +1.5% | +7.5% | +11.8% | |
| Q2 2023 | -0.9% | +0.5% | -1.3% | |
| Q1 2023 | +2.1% | +3.9% | +13.7% | |
| Q4 2022 | -1.5% | -3.4% | -14.1% | |
| Q3 2022 | +5.4% | +6.0% | +11.8% | |
| Q2 2022 | +1.2% | +1.3% | -5.4% | |
| Q1 2022 | -7.2% | -11.0% | -10.5% | |
| Q4 2021 | +5.4% | +4.4% | +5.8% | |
| Q3 2021 | -0.6% | +0.0% | +2.0% | |
| Q2 2021 | +1.6% | +1.1% | +7.0% | |
| Q1 2021 | +3.1% | -2.6% | +3.1% | |
| Q4 2020 | +0.4% | +1.6% | +1.9% | |
| Q3 2020 | -4.0% | +1.1% | +3.4% | |
| Q2 2020 | +0.4% | -1.9% | -5.2% | |
| Q1 2020 | +4.3% | -5.8% | +7.7% | |
| Q4 2019 | +2.2% | -0.3% | -24.5% | |
| Q3 2019 | +2.1% | +4.0% | +5.7% | |
| Q2 2019 | +7.8% | +8.0% | +4.7% | |
| Q1 2019 | +0.9% | +1.3% | +4.1% | |
| Q4 2018 | -2.3% | -5.8% | -4.7% | |
| Q3 2018 | +5.3% | +6.1% | +11.1% | |
| Q2 2018 | -0.9% | -0.9% | -3.8% | |
| Q1 2018 | -1.7% | -1.4% | +2.1% | |
| Q4 2017 | -4.4% | -4.7% | -5.5% | |
| Q3 2017 | +1.3% | +2.4% | +0.0% | |
| Q2 2017 | -2.2% | -3.6% | -1.8% | |
| Q1 2017 | -2.6% | -3.8% | -0.3% | |
| Q4 2016 | -3.3% | -5.2% | -10.6% | |
| Q3 2016 | -1.4% | +2.9% | +6.6% | |
| Q2 2016 | +3.8% | +3.5% | +4.1% | |
| Q1 2016 | +2.7% | — | — | |
| Q4 2015 | +4.3% | — | — | |
| Q3 2015 | -2.2% | — | — | |
| Q2 2015 | +0.0% | — | — | |
| Q1 2015 | +2.8% | — | — | |
| Q4 2014 | -2.6% | — | — | |
| Q3 2014 | +0.4% | — | — | |
| Q2 2014 | -1.0% | — | — | |
| Q1 2014 | +1.3% | — | — | |
| Q4 2013 | -0.9% | — | — | |
| Q3 2013 | -3.8% | — | — | |
| Q2 2013 | +2.6% | — | — | |
| Q1 2013 | +3.7% | — | — | |
| Q4 2012 | +1.0% | — | — | |
| Q3 2012 | -3.9% | — | — | |
| Q2 2012 | -1.4% | — | — | |
| Q1 2012 | +0.6% | — | — | |
| Q4 2011 | -3.7% | — | — | |
| Q3 2011 | +1.9% | — | — | |
| Q2 2011 | -0.6% | — | — | |
| Q1 2011 | +2.7% | — | — | |
| Q1 2010 | +2.7% | — | — | |
| Q4 2010 | +2.7% | — | — | |
| Q3 2010 | +6.2% | — | — | |
| Q2 2010 | -1.7% | — | — |
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