LXP Industrial Trust (LXP) to Release Quarterly Earnings on Thursday

LXP Industrial Trust (NYSE:LXP - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Thursday, February 13th. Analysts expect LXP Industrial Trust to post earnings of ($0.02) per share and revenue of $83.77 million for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.

LXP Industrial Trust Stock Performance

Shares of NYSE LXP traded up $0.04 during trading hours on Thursday, hitting $8.39. 1,898,840 shares of the stock were exchanged, compared to its average volume of 2,121,710. LXP Industrial Trust has a one year low of $7.65 and a one year high of $10.56. The company's 50 day moving average is $8.49 and its 200 day moving average is $9.36. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.12 and a quick ratio of 0.12. The firm has a market capitalization of $2.47 billion, a P/E ratio of 139.77 and a beta of 0.89.

Analyst Upgrades and Downgrades

Separately, JMP Securities restated a "market perform" rating on shares of LXP Industrial Trust in a report on Friday, December 20th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, LXP Industrial Trust has a consensus rating of "Hold" and an average price target of $11.33.

About LXP Industrial Trust

LXP Industrial Trust NYSE: LXP is a publicly traded real estate investment trust (REIT) focused on single-tenant industrial real estate investments across the United States. LXP seeks to expand its industrial portfolio through acquisitions, build-to-suit transactions, sale-leaseback transactions, development projects and other transactions.