secwatch.observer — SEC 8-K summary
======================================

Issuer:     LXP Industrial Trust (LXP)
CIK:        0000910108
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0000910108-26-000011
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LXP Q4 net income $0.46/share; Adjusted FFO $0.79; 2026 FFO guidance $3.22-$3.37
--------------------------------------------------------------------------------

- Q4 net income $27.1M ($0.46 diluted), down from $31.4M ($0.54) YoY; full-year net income $106.5M ($1.82 diluted).
- Adjusted Company FFO $47.0M ($0.79/sh) in Q4, flat YoY; full-year Adjusted FFO $187.3M ($3.15/sh) vs $189.4M ($3.20) in 2024.
- Stabilized portfolio 97.1% leased (up from 93.6% year-end 2024); same-store NOI +2.9% for full year 2025.
- Net debt/Adjusted EBITDA reduced to 4.9x; repaid $140M of 6.75% Senior Notes; extended $600M credit facility at SOFR+77.5bps.
- 2026 guidance: net income per diluted share $(0.01)-$0.14; Adjusted Company FFO $3.22-$3.37 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910108/000091010826000011/0000910108-26-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910108/000091010826000011/lxp-20260212.htm
  HTML page:      https://secwatch.observer/filing/0000910108-26-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer