23.10.2023 22:55:23 - dpa-AFX: Alexandria Real Estate Equities Q3 Profit Down, But FFO Rises

WASHINGTON (dpa-AFX) - Alexandria Real Estate Equities, Inc. (ARE) Monday
reported results for the third quarter, with net income dropping from last year.

Net income for the quarter was $21.9 million or $0.13 per share, compared to
$341.4 million or $2.11 per share last year.

Funds from operations was $386.4 million or $2.26 per share, compared to $344.7
million or $2.13 per share last year.

Total revenues for the quarter rose 8.2% to $713.8 million from $659.9 million
last year.

Analysts polled by Thomson Reuters expected earnings of $1.14 per share and
revenues of $721.98 million for the quarter.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ALEXANDRIA REAL EST. EQU. 907179 Frankfurt 107,000 04.06.24 15:29:01 -3,000 -2,73% 0,000 0,000 107,300 107,000

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