AI brief of an SEC Form 8-K · Lexington Realty Trust (LXP)

LXP Industrial Trust Q4 net income rose to $31.4 million; Adjusted FFO fell

Mixed Impact 3 of 5 earnings Written later

LXP Industrial Trust reported fourth quarter 2024 results on February 13, 2025. Total gross revenues rose to $100.9 million from $83.0 million, and net income attributable to common shareholders rose to $31.4 million, or $0.11 per diluted share, from $13.0 million, or $0.04. Adjusted Company FFO fell to $47.0 million, or $0.16 per diluted share, from $51.4 million, or $0.17, and the trust estimated 2025 Adjusted Company FFO of $0.61 to $0.65 per diluted share.

Key points

  • Q4 2024 net income attributable to common shareholders was $31.4 million, or $0.11 per diluted share, versus $13.0 million, or $0.04, in Q4 2023.
  • Q4 2024 Adjusted Company FFO was $47.0 million, or $0.16 per diluted share, versus $51.4 million, or $0.17, in Q4 2023.
  • Total gross revenues were $100.9 million, versus $83.0 million a year earlier, including $15.0 million of additional rental revenue from a tenant purchase option.
  • 2025 guidance: net income attributable to common shareholders of $0.01 to $0.05 per diluted share and Adjusted Company FFO of $0.61 to $0.65 per diluted share.

The filing

CompanyLexington Realty Trust (LXP)
Form8-K, current report
Filed with the SECFeb 13, 2025, 2:00 PM ET
Accession number0001444838-25-000024

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing 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 February 13, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.