---
schema_version: "secwatch.filing_event.v1"
accession: "0001444838-24-000072"
form_type: "8-K"
ticker: "LXP"
cik: "0000910108"
company_name: "LXP Industrial Trust"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:36:56.031741+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# LXP Industrial Trust posts Q1 net loss of $1.9M; same-store NOI up 6.5%

## Summary
- Net loss attributable to common shareholders of $(1.9M) ($0.01/diluted share) vs net income $9.5M in Q1 2023.
- Adjusted Company FFO of $48.8M ($0.16/diluted share) vs $50.3M ($0.17) in Q1 2023.
- Industrial same-store NOI increased 6.5% YoY; subsequent lease extensions raised Cash Base Rents ~26.9%.
- Acquired 59.1-acre land parcel for $3.4M and commenced 625,200 sq ft build-to-suit with 12-year lease.
- Full-year 2024 guidance: net income $0.08-$0.12 per share; Adjusted Company FFO affirmed $0.61-$0.65 per share.

## SEC filing metadata
- accession: 0001444838-24-000072
- form_type: 8-K
- ticker: LXP
- cik: 0000910108
- company_name: LXP Industrial Trust
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910108/000144483824000072/0001444838-24-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910108/000144483824000072/lxp-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001444838-24-000072
- JSON: https://secwatch.observer/filing/0001444838-24-000072.json
- Plain text: https://secwatch.observer/filing/0001444838-24-000072.txt

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