NYSE$LXP
Lexington Realty Trust · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Reported strong operating performance driven by leasing, dispositions and leverage reduction.
LXP Industrial Trust reported a decrease in total gross revenues to $81.1 million compared to $86.5 million for the same quarter last year, while net income attributable to common shareholders was $36.9 million, or $0.13 per diluted share, compared to $260.5 million, or $0.90 per diluted share, for the same period last year. Adjusted Company FFO was $47.9 million, or $0.17 per diluted share, compared to $53.8 million, or $0.18 per diluted share, for the same quarter of the previous year. The company's stabilized industrial portfolio was 99.5% leased as of December 31, 2022.
- Total gross revenues were $81.1 million.
- Net income attributable to common shareholders was $36.9 million, or $0.13 per diluted share.
- Adjusted Company FFO was $47.9 million, or $0.17 per diluted share.
- Stabilized industrial portfolio was 99.5% leased as of December 31, 2022.
Headline financials
Revenue & EPS history
Lexington Realty · Revenue · Quarterly
$81.1M
Forward guidance
LXP estimates that its net income attributable to common shareholders for the year ended December 31, 2023 will be within an expected range of $0.35 to $0.39 per diluted common share. LXP estimates its Adjusted Company FFO for the year ended December 31, 2023, will be within an expected range of $0.66 to $0.70 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 Q4 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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro