06:53 AM EDT, 05/01/2025 (MT Newswires) -- LXP Industrial Trust ( LXP ) reported Q1 adjusted company funds from operations Thursday of $0.16 per share, flat with a year earlier.

Four analysts polled by FactSet expected $0.14.

Revenue for the quarter ended March 31 was $88.9 million, up from $86.3 million a year earlier.

Analysts surveyed by FactSet expected $80.9 million.

The company said it continues to expect fiscal 2025 adjusted company FFO in the range of $0.61 to $0.65 per diluted share. Analysts polled by FactSet expect $0.58.

Shares of the company were down more than 1.6% in recent Thursday premarket activity.