Alexandria Real Estate Equities IncARE
▼ NegativeCapitalrelevance
Net loss narrowed but AFFO fell and revenue declined; guidance midpoint maintained.
Impact on stocks 1
Real Estate
Alexandria Real Estate Equities IncAlexandria Real Estate Equities reported a narrower second-quarter net loss. The life science-focused REIT posted a net loss attributable to common stockholders of $73.7 million, or $0.43 per share, compared with a loss of $109.6 million, or $0.64 per diluted share, a year earlier. Adjusted funds from operations attributable to common stockholders fell to $296.1 million, or $1.73 per share, from $396.4 million, or $2.33 per share. Total revenue decreased to $662.8 million from $762.0 million, with rental income declining to $643.2 million from $737.3 million. The company tightened its fiscal 2026 adjusted FFO guidance to a range of $6.35 to $6.45 per share, maintaining the midpoint at $6.40.
Alexandria Real Estate Equities IncNet loss narrowed but AFFO fell and revenue declined; guidance midpoint maintained.