Industrial real estate investment trusts (REITs) own and manage income-generating industrial properties, such as warehouses, distribution centers, logistics facilities, and manufacturing plants. Industrial REITs generate income by leasing the properties. Investors in industrial REITs can benefit from the demand for space in the logistics and manufacturing sectors. The growth of e-commerce and the need for efficient supply chain management have contributed to the growth of the space in recent yea
LXP Industrial Trust (NYSE:LXP) Q1 2024 Earnings Call Transcript May 2, 2024 LXP Industrial Trust misses on earnings expectations. Reported EPS is $0.04 EPS, expectations were $0.16. LXP Industrial Trust isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, […]
Despite Challenges, LXP Sees Growth in Industrial Portfolio and Development Ventures