NYSE$LXP
Lexington Realty Trust · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
LXP Industrial Trust reported results for the quarter and year ended December 31, 2024.
LXP Industrial Trust reported a strong fourth quarter in 2024, driven by excellent leasing outcomes and solid same-store growth. The company completed 4.5 million square feet of leasing throughout the year, increasing Base and Cash Base rents, and generated attractive same-store NOI growth. They also acquired four Class A properties and substantially completed a 625,000 square foot build-to-suit, further increasing Sunbelt market exposure.
- Recorded Net Income attributable to common shareholders of $31.4 million, or $0.11 per diluted common share.
- Generated Adjusted Company Funds From Operations available to all equityholders - diluted (“Adjusted Company FFO”) of $47.0 million, or $0.16 per diluted common share.
- Increased Same-Store NOI 4.1% compared to the same period in 2023.
- Completed 1.0 million square feet of new leases and lease extensions, raising Base and Cash Base Rents by 66.3% and 42.6%, respectively, excluding a fixed-rate renewal.
Headline financials
Revenue & EPS history
Lexington Realty · Revenue · Quarterly
$101M
Forward guidance
LXP estimates its net income attributable to common shareholders for the year ended December 31, 2025, will be within an expected range of $0.01 to $0.05 per diluted common share. LXP estimates that its Adjusted Company FFO for the year ended December 31, 2025, will be within an expected range of $0.61 to $0.65 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 2024
+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