LXP Industrial turns to Q2 FY26 loss of USD 1.6 million; adjusted FFO per share rises 5% to USD 0.84

Reuters2026/07/29 10:05

By:Reuters

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LXP Industrial Trust posted a GAAP net loss attributable to common shareholders of $1.6 million, or $0.03 per diluted share, in Q2 2026.
Revenue edged up 0.45% to $88.1 million versus Q2 2025, driven by acquisitions and higher rental revenue.
Non-GAAP adjusted company FFO rose 5% to $49.5 million, or $0.84 per diluted share, compared with Q2 2025.
Same-store NOI increased 0.5%, while the stabilized portfolio was 97.4% leased at June 30, 2026.
Entered a merger deal for $61.20 per share in cash, valuing the all-cash transaction at about $5.2 billion; closing targeted by Q4 2026-end.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LXP Industrial Trust published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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LXP Industrial turns to Q2 FY26 loss of USD 1.6 million; adjusted FFO per share rises 5% to USD 0.84

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