Investor Relations

divider
8.82+0.02
NYSE : LXP0.23%
As of June 20, 2018 Minimum 20 minute delay.

Financial Highlights


Trend Analysis--Quarterly (click here for Annual Analysis)

For the definition of a financial field, click on the field name.


Funds From Operations
  2018 Q1 2017 Q1 Y-Y
Ch (%)
2017 Q4 Q-Q
Ch (%)
Funds from Operations ($000) 62,026 52,305 18.59 69,777 (44.43)
FFO per Share ($) 0.25 0.21 19.05 0.28 (42.86)
AFFO per Share NA NA NA NA NA
Income Statement ($000)
  2018 Q1 2017 Q1 Y-Y
Ch (%)
2017 Q4 Q-Q
Ch (%)
Rental Revenue 102,637 96,099 6.80 102,169 1.83
Partnership Income 113 458 (75.33) 216 (190.74)
Total Revenue 103,296 99,178 4.15 111,584 (29.71)
Rental Operating Expense 11,477 11,930 (3.80) 11,339 4.87
Expenses 140,390 92,181 52.30 87,743 240.01
Net Income (14,823) 42,220 NM 31,448 NM
Rental NOI 91,160 84,169 8.31 90,830 1.45
Diluted EPS before Extraordinary Items ($) (0.07) 0.17 NM 0.12 NM
Diluted EPS after Extraordinary Items ($) (0.07) 0.17 NM 0.12 NM
Dividends Declared per Common Share ($) 0.1775 0.1750 1.43 0.1775 0.00
Avg Diluted Shares Out (actual) 238,072,081 241,088,049 (1.25) 241,821,194 (6.20)
Balance Sheet ($000)
  2018 Q1 2017 Q1 Y-Y
Ch (%)
2017 Q4 Q-Q
Ch (%)
Properties at Cost: Operational 4,355,194 4,147,041 5.02 4,531,331 (15.55)
Accumulated Depreciation 1,179,078 1,193,639 (1.22) 1,225,650 (15.20)
Net Properties: Operational 3,176,116 2,953,402 7.54 3,305,681 (15.68)
Land Held for Development 0 0 0.00 0 0.00
Total Real Estate Investments 3,196,331 3,099,542 3.12 3,330,203 (16.08)
Total Assets 3,411,996 3,446,705 (1.01) 3,553,020 (15.88)
Total Debt 2,002,579 1,853,350 8.05 2,068,867 (12.82)
Total Liabilities 2,137,612 2,016,711 5.99 2,212,185 (13.48)
Common Equity 1,161,990 1,314,370 (11.59) 1,227,131 (21.23)
Common Shares Outstanding (actual) 239,972,103 240,394,082 (0.18) 240,689,081 (1.19)
Convertible Operating Partnership Units (actual) 3,629,156 3,771,642 (3.78) 3,629,156 0.00
Same Store Operations
  2018 Q1 2017 Q1 Y-Y
Ch (bp)
2017 Q4 Q-Q
Ch (bp)
Same-store NOI: Change from Prior (%) 0.20 (2.80) 300 NA NA
EBITDA
  2018 Q1 2017 Q1 Y-Y
Ch (bp)
2017 Q4 Q-Q
Ch (bp)
Recurring EBITDA/ Interest Expense (x) 4.06 3.89 17 4.12 (6)
Recurring EBITDA/ Interest & Preferred Dividends (x) 3.77 3.60 17 3.82 (5)
Income Statement Ratios
  2018 Q1 2017 Q1 Y-Y
Ch (bp)
2017 Q4 Q-Q
Ch (bp)
Dividend Payout to FFO (%) 71.00 83.33 (15) 63.39 48
G&A/ Revenue (%) 8.71 8.54 2 7.68 54
Profitability Ratios
  2018 Q1 2017 Q1 Y-Y
Ch (bp)
2017 Q4 Q-Q
Ch (bp)
Return on Average Assets (%) (1.70) 4.90 (661) 3.52 (522)
Return on Average Equity (%) (4.53) 11.88 (1,642) 9.32 (1,385)
   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.



LXP