LXP posts Q1 net loss of $1.9M; Adjusted FFO per share rises 2.6% to $0.80

LXP Industrial Trust

2026-Q1 EPS reported -$0.03 revenue$85,948,000

Net loss attributable to common shareholders of $(1.9)M ($(0.03)/diluted share) vs net income of $17.3M ($0.30) in Q1 2025.
Adjusted Company FFO (diluted) of $47.3M, or $0.80/share, compared to $0.78 in Q1 2025 (+2.6%).
Same-Store NOI increased 2.0% YoY; gross revenues fell to $85.9M from $88.9M on property dispositions.
Leased 3.2M sq ft YTD; extended 1.1M sf Greenville/Spartanburg lease through 2031 at 8% development yield.
Reaffirms FY2026 Adjusted FFO guidance of $3.22-$3.37 per diluted share; net income guidance $0.00-$0.15.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

LXP Industrial Trust reported quarter ended March 31, 2026 results: revenue $85.9 million, net income $(1.9) million, EPS $(0.03) per diluted share.

Period: quarter ended March 31, 2026
Revenue: $85.9 million
Net income: $(1.9) million
EPS: $(0.03) per diluted share
Result: reported results

Exact text from the filing

FINANCIAL RESULTS Revenues For the quarter ended March 31, 2026, total gross revenues were $85.9 million, compared with total gross revenues of $88.9 million for the quarter ended March 31, 2025. The decrease is primarily attributable to property dispositions. Net Income Attributable to Common Shareholders For the quarter ended March 31, 2026, net loss attributable to common shareholders was $(1.9) million, or $(0.03) per diluted share, compared with net income attributable to common shareholders for the quarter ended March 31, 2025 of $17.3 million, or $0.30 per diluted share.

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Source: SEC EDGAR

accession 0000910108-26-000033

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