Lexington Realty Earnings Preview

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Lexington Realty (NYS: LXP) will try to beat its earnings estimates for the third consecutive quarter. The company will unveil its latest earnings on Thursday, Feb. 23. Lexington Realty Trust is a self-managed and self-administered Maryland statutory real estate investment trust which acquires, owns, and manages a geographically diversified portfolio of office, industrial, and retail properties.

What analysts say:

  • Buy, sell, or hold?: Analysts strongly back Lexington Realty, with six out of eight rating it a buy and the remainder rating it a hold. Analysts like Lexington Realty better than competitor Washington Real Estate Investment overall. While analysts still rate the stock a moderate buy, they are a little more optimistic about it compared to three months ago.
  • Revenue forecasts: On average, analysts predict $85.2 million in revenue this quarter. That would represent a decline of 0.6% from the year-ago quarter.
  • Wall Street earnings expectations: The average analyst estimate is earnings of $0.22 per share. Estimates range from $0.19 to $0.23.

What our community says:
CAPS All-Stars are enthusiastically backing the stock, with 95.2% granting it an outperform rating. Most of the community is in line with the All-Stars, with 89.9% giving it a rating of outperform. Though still bullish, the CAPS rating of four out of five stars for Lexington Realty is a bit more pessimistic than the community assessment.

Management:
Revenue has fallen in the past two quarters.

Now, a look at how efficient management has been at running the business. Margins illustrate how efficiently a company captures portions of sales dollars. The company's net margins have slipped in the last two quarters year over year. Net margins reflect what percentage of revenue becomes profit. Here are Lexington Realty's reported margins for the last four quarters:

Quarter

Q3

Q2

Q1

Q4

Net Margin

(39.9%)

(52%)

(18.9%)

13.3%

For all our Lexington Realty-specific analysis, including earnings and beyond, add Lexington Realty to My Watchlist.

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Earnings estimates provided by Zacks.

At the time this article was published

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