LXP Industrial (LXP) Misses Q4 FFO Estimates

LXP Industrial (LXP) came out with quarterly funds from operations (FFO) of $0.79 per share, missing the Zacks Consensus Estimate of $0.85 per share. This compares to FFO of $0.8 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -7.06%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.8 per share when it actually produced FFO of $0.8, delivering no surprise.Over the last four quarters, the co ...