Alexander’s-Alexander's (ALX) Lags Q4 FFO Estimates

Alexander's (ALX) came out with quarterly funds from operations (FFO) of $4.99 per share, missing the Zacks Consensus Estimate of$ 5.95 per share. This compares to FFO of $4.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -16.13%. A quarter ago, it was expected that this real estate investment trust would post FFO of$ 3.42 per share when it actually produced FFO of $3.63, delivering a surprise of 6.14%.Over the last four quarter ...