06:52 AM EST, 11/06/2024 (MT Newswires) -- LXP Industrial Trust ( LXP ) on Wednesday reported Q3 adjusted company funds from operations of $0.16 per diluted share, down from $0.18 a year earlier.

Three analysts polled by Capital IQ expected $0.13.

Gross revenue for the quarter ended Sept. 30 was $85.6 million, up from $85.4 million a year earlier.

Four analysts surveyed by Capital IQ expected $84.1 million.

The company narrowed its 2024 adjusted company FFO guidance to between $0.63 and $0.64 per diluted share, from previous guidance of $0.63 to $0.65. Analysts polled by Capital IQ expect $0.56.