KeyBanc analyst Todd Thomas maintained a Buy rating for LXP Industrial Trust with a $10.00 average price target. The company has a Moderate Buy analyst consensus rating and a one-year high of $10.44. LXP Industrial Trust has a one-year low of $6.85 and an average volume of 3.4M.
LXP Industrial Trust, a leading provider of logistics facilities, reported robust earnings for the second quarter of 2025, with an EPS of $0.09, significantly exceeding the forecasted -$0.015. Revenue also surpassed expectations at $86.74 million, compared to a projected $83.92 million [1].
The company's strong performance was driven by a significant earnings beat and increased revenue. The gross profit margin reached 82.57%, and revenue grew by 5.68% over the last twelve months. Portfolio occupancy improved to 94.1%, up from 93.3% in Q1, reflecting effective property management and leasing strategies [1].
Key highlights of the quarter include:
- Revenue Growth: Revenue of $86.74 million, up from forecasted $83.92 million.
- EPS Surprise: EPS of $0.09, surpassing the forecast of -$0.015.
- Portfolio Occupancy: Increased to 94.1%.
- Stock Performance: The stock responded positively in pre-market trading, rising 1.73% to $8.21, despite a previous day decline of 1.67% [1].
The company's CEO, Will Eglin, highlighted the desirability of LXP's portfolio and the focus on generating more EBITDA and reducing net debt to EBITDA. The company expects year-end same store occupancy to reach 97-99% and is exploring capital recycling opportunities worth approximately $100 million [1].
Analysts remain optimistic about LXP's prospects. KeyBanc analyst Todd Thomas maintained a Buy rating with a $10.00 average price target, reflecting a Moderate Buy analyst consensus rating and a one-year high of $10.44 [2].
References:
[1] https://www.investing.com/news/transcripts/earnings-call-transcript-lxp-industrial-trust-q2-2025-beats-eps-forecast-93CH-4160343
[2] https://www.investing.com/news/transcripts/earnings-call-transcript-lxp-industrial-trust-q2-2025-beats-eps-forecast-93CH-4160343
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