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Alexander's (ALX) Misses Q1 FFO and Revenue Estimates
ALXAlexander’s(ALX) Zacks Investment Research·2024-05-06 14:41

Alexander's (ALX) came out with quarterly funds from operations (FFO) of 4.98pershare,missingtheZacksConsensusEstimateof4.98 per share, missing the Zacks Consensus Estimate of 6.41 per share. This compares to FFO of 3.63pershareayearago.Thesefiguresareadjustedfornon−recurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof−22.313.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -22.31%. A quarter ago, it was expected that this real estate investment trust would post FFO of 5.95 per share when it actually produced FFO of $4.99, delivering a surprise of -16.13%.Over the last four quart ...