LXP Industrial Trust (NYSE:LXP) Q1 2023 Earnings Conference Call May 3, 2023 8:30 AM ET
Company Participants
Heather Gentry – Senior Vice President-Investor Relations
Will Eglin – Chairman, Chief Executive Officer and President
Brendan Mullinix – Chief Investment Officer
Beth Boulerice – Chief Financial Officer, Treasurer and Executive Vice President
James Dudley – Executive Vice President and Director-Asset Management
Conference Call Participants
Todd Thomas – KeyBanc Capital Markets
Jim Kemmer – Evercore
Mitch Germain – JMP Securities
Vince Tibone – Green Street
John Massocca – Ladenburg Thalmann
Operator
Good morning. My name is Rob and I will be your conference operator today. At this time I would like to welcome everyone to the LXP Industrial Trust First Quarter 2023 Earnings Call and Webcast. [Operator Instructions] After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.
Heather Gentry, Investor Relations, you may begin your conference.
Heather Gentry
Thank you, operator. Welcome to LXP Industrial Trust’s first quarter 2023 earnings conference call and webcast. The earnings release was distributed this morning and both the release and quarterly supplemental are available on our website in the Investors section and will be furnished to the SEC on a Form 8-K.
Certain statements made during this conference call regarding future events and expected results may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. LXP believes that these statements are based on reasonable assumptions, however, certain factors and risks, including those included in today’s earnings press release and those described in reports that LXP files with the SEC from time to time, could cause LXP’s actual results to differ materially from those expressed or implied by such statements. Except as required by law, LXP does not undertake a duty to update any forward-looking statement.
In the earnings press release and quarterly supplemental disclosure package, LXP has reconciled all non-GAAP financial measures to the most directly comparable GAAP measure. Any references in these documents to adjusted company FFO refer to adjusted company funds from operations available to all equity holders and unit holders on a fully diluted basis. Operating performance measures of an individual investment are not intended to be viewed as presenting a numerical measure of LXP’s historical or future financial performance, financial position or cash flows.
On today’s call, Will Eglin, Chairman and CEO; Beth Boulerice, CFO, Brendan Mullinix, CIO; and Executive Vice President, James Dudley will provide a recent business update and commentary on first quarter results.