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Alexander's (ALX) Q4 FFO and Revenues Surpass Estimates
ALXAlexander’s(ALX) ZACKS·2025-02-10 16:25

Group 1 - Alexander's reported quarterly funds from operations (FFO) of 4.06pershare,exceedingtheZacksConsensusEstimateof4.06 per share, exceeding the Zacks Consensus Estimate of 3.71 per share, but down from 4.99pershareayearago,representinganFFOsurpriseof9.434.99 per share a year ago, representing an FFO surprise of 9.43% [1] - The company posted revenues of 55.91 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.29%, but down from 62.94millionyear−over−year[2]−Overthelastfourquarters,Alexander′shassurpassedconsensusFFOestimatesthreetimesandtoppedconsensusrevenueestimatesthreetimes[2]Group2−Thestockhasunderperformedthemarket,losingabout162.94 million year-over-year [2] - Over the last four quarters, Alexander's has surpassed consensus FFO estimates three times and topped consensus revenue estimates three times [2] Group 2 - The stock has underperformed the market, losing about 1% since the beginning of the year compared to the S&P 500's gain of 2.5% [3] - The current consensus FFO estimate for the coming quarter is 3.29 on revenues of 55.5million,andforthecurrentfiscalyear,itis55.5 million, and for the current fiscal year, it is 10 on revenues of $223.5 million [7] - The Zacks Industry Rank for REIT and Equity Trust - Other is currently in the bottom 32% of over 250 Zacks industries, indicating potential challenges for stock performance [8]