Company Performance - LXP Industrial reported quarterly funds from operations (FFO) of $0.16 per share, matching the Zacks Consensus Estimate and remaining unchanged from the previous year [1] - The company posted revenues of $88.86 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 4.14% and up from $86.25 million a year ago [2] - Over the last four quarters, LXP Industrial has not surpassed consensus FFO estimates, but it has topped revenue estimates three times [2][1] Stock Outlook - The immediate price movement of LXP Industrial's stock will largely depend on management's commentary during the earnings call and future FFO expectations [3][4] - LXP Industrial shares have declined approximately 2.8% since the beginning of the year, while the S&P 500 has decreased by 5.3% [3] - The current consensus FFO estimate for the upcoming quarter is $0.16 on revenues of $85.95 million, and for the current fiscal year, it is $0.63 on revenues of $345.85 million [7] Industry Context - The REIT and Equity Trust - Residential industry, to which LXP Industrial belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in estimate revisions, which can impact LXP Industrial's performance [5][6]
LXP Industrial (LXP) Meets Q1 FFO Estimates