LXP Industrial Trust lifts 2026 adjusted FFO forecast to $3.30-$3.40 a share
LXP Industrial Trust
LXP Industrial Trust LXP | 0.00 |
- LXP raised 2026 adjusted company FFO guidance to $3.3-$3.4 per diluted share from $3.22-$3.37.
- Net income outlook set at $2.38-$2.48 per diluted share.
- Assumes same-store NOI growth of 1.5%-2.5%.
- Includes a $103 million Phoenix infill redevelopment acquisition with 14.4% GAAP yield, 15.7% cash yield.
- Forecast factors in about $200 million of non-target market asset sales in the second half, G&A of $39-$41 million.
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 via GlobeNewswire (Ref. ID: 202606011615PRIMZONEFULLFEED9729923) on June 01, 2026, and is solely responsible for the information contained therein.
