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Lexington Realty Trust (LXP) CEO Wil Eglin on Q1 2020 Results - Earnings Call Transcript

May 07, 2020 12:11 PM ETLXP Industrial Trust (LXP), LXP.PR.C
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Lexington Realty Trust (NYSE:LXP) Q1 2020 Earnings Conference Call May 7, 2020 8:30 AM ET

Company Participants

Heather Gentry - Investor Relations

Wil Eglin - Chairman and CEO

Beth Boulerice - CFO

Brendan Mullinix - Executive Vice President

James Dudley - Executive Vice President

Lara Johnson - Executive Vice President

Conference Call Participants

Elvis Rodriguez - Bank of America

Todd Stender - Wells Fargo

Jon Petersen - Jefferies


Good morning and welcome to the Lexington Realty Trust First Quarter 2020 Earnings Conference Call and Webcast. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the call over to Heather Gentry, Investor Relations. Please go ahead.

Heather Gentry

Thank you, operator. Welcome to Lexington Realty Trust first quarter 2020 conference call and webcast. The earnings release was distributed this morning and both the release and quarterly supplemental are available on our website at www.lxp.com 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. Lexington 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 Lexington filed with the SEC from time to time, could cause Lexington’s actual results to differ materially from those expressed or implied by such statements.

Except as required by law, Lexington does not undertake a duty to update any forward-looking statements. In the earnings press release and quarterly supplemental disclosure package, Lexington has reconciled all non-GAAP financial measures to the

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