03.11.2016 11:16:16

Lexington Realty Trust Q3 Earnings Climb 1%

(RTTNews) - Lexington Realty Trust (LXP) announced a profit for its third quarter that advanced compared to the same period last year.

The company said its bottom line rose to $67.51 million, or $0.28 per share. This was up from $66.90 million, or $0.27 per share, in last year's third quarter.

Analysts had expected the company to earn $0.26 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.8% to $106.33 million. This was up from $105.44 million last year.

Lexington Realty Trust earnings at a glance:

-Earnings (Q3): $67.51 Mln. vs. $66.90 Mln. last year. -Earnings Growth (Y-o-Y): 0.9% -EPS (Q3): $0.28 vs. $0.27 last year. -EPS Growth (Y-o-Y): 3.7% -Analysts Estimate: $0.26 -Revenue (Q3): $106.33 Mln vs. $105.44 Mln last year. -Revenue Change (Y-o-Y): 0.8%

-Guidance: Full year EPS guidance: $1.09 - $1.11

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