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Lexington Realty Trust (LXP) reported fourth quarter adjusted FFO per share of $0.19, compared to $0.20, prior year. Earnings per share was $0.37 compared to $0.33. On average, five analysts polled by Thomson Reuters expected the company to report profit per share of $0.06, for the quarter. Analysts' estimates typically exclude special items.


RTTNews | Feb 18, 2021 06:26AM EST

06:26 Thursday, February 18, 2021 (RTTNews.com) - Lexington Realty Trust (LXP) reported fourth quarter adjusted FFO per share of $0.19, compared to $0.20, prior year. Earnings per share was $0.37 compared to $0.33. On average, five analysts polled by Thomson Reuters expected the company to report profit per share of $0.06, for the quarter. Analysts' estimates typically exclude special items.

Fourth quarter total gross revenues were $83.32 million compared to $83.04 million, previous year. Analysts expected revenue of $82.78 million, for the quarter.

For the year ended December 31, 2021, Lexington estimates net income attributable to common shareholders per share to be within a range of $0.58 to $0.62. Lexington estimates adjusted FFO to be within an expected range of $0.72 to $0.76 per share.

Read the original article on RTTNews ( https://www.rttnews.com/3170748/lexington-realty-trust-q4-net-income-rises-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

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