---
schema_version: "secwatch.filing_event.v1"
accession: "0000910108-25-000023"
form_type: "8-K"
ticker: "LXP"
cik: "0000910108"
company_name: "LXP Industrial Trust"
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T01:41:18.379405+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# LXP Q1 net income $17.3M vs year-ago loss; Same-Store NOI +5.2%

## Summary
- Net income attributable to common $17.3M ($0.06/diluted) vs net loss $1.9M in Q1 2024; Adjusted Company FFO $0.16/diluted.
- Same-Store NOI increased 5.2% YoY; stabilized portfolio 93.3% leased (99.5% excluding first-generation space).
- Completed 540K sq ft lease extension with 52.5% base rent increase; disposed of two warehouses for $74.6M total.
- Repaid $50M of $300M term loan; net debt/Adjusted EBITDA 5.9x; dividend held at $0.135/common share.
- FY2025 guidance: net income $0.12-$0.16/sh; Adjusted Company FFO reaffirmed $0.61-$0.65/sh.

## SEC filing metadata
- accession: 0000910108-25-000023
- form_type: 8-K
- ticker: LXP
- cik: 0000910108
- company_name: LXP Industrial Trust
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910108/000091010825000023/0000910108-25-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910108/000091010825000023/lxp-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000910108-25-000023
- JSON: https://secwatch.observer/filing/0000910108-25-000023.json
- Plain text: https://secwatch.observer/filing/0000910108-25-000023.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.