LXP Q1 net income rises to $17.3 million, or $0.06 per share, from a year-earlier loss
LXP Industrial Trust reported first-quarter 2025 results on May 1, 2025, with total gross revenues of $88.9 million, up from $86.3 million a year earlier. Net income attributable to common shareholders was $17.3 million, or $0.06 per diluted share, compared with a net loss of $1.9 million, or $0.01 per share, in the prior-year quarter; the filing attributes part of the result to a $24.6 million gain on sale of real estate. The Trust also gave updated 2025 guidance, and shareholders may weigh the reaffirmed Adjusted Company FFO range against the lower Adjusted Company FFO dollar total.
Key points
- Total gross revenues were $88.9 million, compared with $86.3 million for the first quarter of 2024.
- Adjusted Company FFO was $46.4 million, or $0.16 per diluted share, versus $48.8 million, or $0.16 per diluted share, a year earlier.
- The Trust estimates 2025 net income attributable to common shareholders of $0.12 to $0.16 per diluted share and reaffirmed Adjusted Company FFO guidance of $0.61 to $0.65 per diluted share.
- Subsequent to quarter end, the Trust sold a property in Chillicothe, OH, for a gross price of $39.6 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.