The Revenue Y/Y of LXP Industrial Trust is 2.13%
Yearly revenue growth is the percentage growth of the company’s revenue over trailing twelve months.
= (revenue past four quarters - revenue previous four quarters) / revenue previous four quarters
The yearly revenue growth rate is calculated as the percentage change in revenue over the trailing twelve months. For this specific metric, the calculation takes into account a series of the last eight quarterly revenues. The revenue growth is useful for determining the success of the company expanding its main business. Revenue growth of 5% to 10% is usually considered good for large-cap companies. For other companies, a sales growth of over 10% is more desirable.
lexington realty trust is a real estate investment trust that invests in, owns and manages commercial properties net leased to major corporations throughout the united states. in addition, the company provides investment advisory and asset management services to investors in the net lease area.