---
schema_version: "secwatch.filing_event.v1"
accession: "0001539497-23-000320"
form_type: "8-K"
ticker: "LXP"
cik: "0000910108"
company_name: "LXP Industrial Trust"
filed_at: "2023-02-17T23:59:59+00:00"
generated_at: "2026-06-19T08:29:07.740962+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# LXP Q4 net income $36.9M ($0.13/dil), adj FFO $0.17, guides FY23 adj FFO $0.66-$0.70

## Summary
- Q4 net income $36.9M ($0.13/dil); adj FFO $0.17/dil vs $0.18. Revenue $81.1M (vs $86.5M).
- FY22 adj FFO $0.67/dil; same-store industrial NOI +5.3% (Q4 +6.7%). Leased 4.1M sq ft with 30.7% base rent increase.
- FY23 guidance: net income $0.35-$0.39/dil; adj FFO $0.66-$0.70/dil; same-store NOI growth ~4-5%.
- Q4 repurchased 0.4M shares at avg $9.10; FY22 total 12.1M at $10.78. Issued 16M shares for net $183.4M.
- Q4 dispositions $49.6M (4 properties); FY22 total $197M. Net debt/EBITDA 6.4x; 91.4% fixed-rate debt at 3.2% avg rate.

## SEC filing metadata
- accession: 0001539497-23-000320
- form_type: 8-K
- ticker: LXP
- cik: 0000910108
- company_name: LXP Industrial Trust
- filed_at: 2023-02-17T23:59:59+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/910108/000153949723000320/0001539497-23-000320-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910108/000153949723000320/n3045-x18_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539497-23-000320
- JSON: https://secwatch.observer/filing/0001539497-23-000320.json
- Plain text: https://secwatch.observer/filing/0001539497-23-000320.txt

## Key facts
- Earnings Releases
  LXP Industrial Trust reported the quarter ended December 31, 2022 results: revenue $81.1 million, net income $36.9 million, or $0.13 per diluted share.
  - Period: the quarter ended December 31, 2022
  - Revenue: $81.1 million
  - Net income: $36.9 million, or $0.13 per diluted share
  - Result: reported results
  source text: are seeing for our high-quality assets and our progress optimizing our portfolio.” FINANCIAL RESULTS Revenues For the quarter ended December 31, 2022, total gross revenues were $81.1 million, compared with total gross revenues of $86.5 million for the quarter ended December 31, 2021. The decrease is primarily attributable to property sales, including the
  evidence_url: https://www.sec.gov/Archives/edgar/data/910108/000153949723000320/0001539497-23-000320-index.htm
- Earnings Releases
  LXP Industrial Trust reported the year ended December 31, 2022 results: net income Net Income attributable to common shareholders of $107.3 million, or $0.38 per diluted common share.
  - Period: the year ended December 31, 2022
  - Net income: Net Income attributable to common shareholders of $107.3 million, or $0.38 per diluted common share
  - Result: reported results
  source text: Full Year 2022 Highlights • Recorded Net Income attributable to common shareholders of $107.3 million, or $0.38 per diluted common share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910108/000153949723000320/0001539497-23-000320-index.htm

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