India, Feb. 13 -- Lexington Industrial Trust (LXP) reported Thursday that fourth-quarter funds from operations or FFO increased to $61.68 million or $0.21 per share from last year's $51.22 million or $0.17 per share.
Adjusted Company FFO for the quarter was $46.95 million, or $0.16 per share, compared to $51.35 million or $0.17 per share in the year-ago quarter.
Net income attributable to common shareholders was $31.39 million or $0.11 per share, sharply higher than last year's $12.99 million or $0.04 per share.
On average, analysts polled expected the company to report a loss of $0.02 per share for the quarter. Analysts' estimates typically exclude special items.
Total gross revenues for the quarter grew to $100.9 million from $83.0 mi...