LXP Industrial Trust (LXP), a real estate investment trust Thursday reported net income attributable to shareholders of $17.28 million, or $0.06 per share for the first quarter compared with net loss of $1.93 million or $0.01 per share in the same quarter a year ago.
Funds from operations or FFO was $46.41 million, or $0.16 per share, compared with $48.8 million, or $0.16 per share last year.
Gross revenue increased to $88.9 million from $86.3 million a year ago.
For fiscal 2025, the company expects net income per share in the range of $0.12 to $0.16. Adjusted FFO per share for the year is expected between $0.61 and $0.65.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.