---
schema_version: "secwatch.filing_event.v1"
accession: "0000910108-25-000069"
form_type: "8-K"
ticker: "LXP"
cik: "0000910108"
company_name: "LXP Industrial Trust"
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:31:31.988720+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LXP Q3 net income jumps to $34.6M; board approves 1-for-5 reverse split, raises dividend 3.7%

## Summary
- Net income $34.6M ($0.12 diluted EPS) vs $4.7M ($0.02) in Q3 2024; Adjusted Company FFO $46.7M ($0.16) unchanged YoY.
- Sold two vacant development projects for $175M, a 20% premium over book; net proceeds ~$151M used to repay $140M of 6.75% notes.
- Board approved 1-for-5 reverse stock split effective Nov 10, 2025; shares will trade on NYSE split-adjusted Nov 11.
- Quarterly dividend raised 3.7% to $0.14/share (pre-split), annualized $0.56; payable Jan 15, 2026.
- Stabilized portfolio 96.8% leased; Same-Store NOI up 2.0% in quarter; net debt/EBITDA reduced to 5.2x.

## SEC filing metadata
- accession: 0000910108-25-000069
- form_type: 8-K
- ticker: LXP
- cik: 0000910108
- company_name: LXP Industrial Trust
- filed_at: 2025-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910108/000091010825000069/0000910108-25-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910108/000091010825000069/lxp-20251030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000910108-25-000069
- JSON: https://secwatch.observer/filing/0000910108-25-000069.json
- Plain text: https://secwatch.observer/filing/0000910108-25-000069.txt

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