Alexandria Real Estate Equities beats Q2 FFO and revenue estimates

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Alexandria Real Estate Equities reported second-quarter funds from operations of $1.73 per share, topping the Zacks Consensus Estimate of $1.65 per share by 4.85%. Revenue came in at $662.78 million, surpassing the consensus forecast by 2.12%. The company has beaten FFO estimates twice in the past four quarters and exceeded revenue expectations three times over the same period. Shares have gained about 5.1% year to date, trailing the S&P 500's 9.4% advance.

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