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Market Impact: 0.32

Alexander's (ALX) Q1 FFO and Revenues Lag Estimates

ALX
Corporate EarningsCompany FundamentalsAnalyst EstimatesHousing & Real Estate

Alexander's reported quarterly FFO of $2.60 per share, well below the $3.08 Zacks consensus and down from $4.06 a year ago. The miss reflects weaker operating performance and a year-over-year decline in cash flow generation. The update is likely to pressure shares modestly, though it is company-specific rather than sector-wide.

Analysis

Alexander's reported quarterly FFO of $2.60 per share, well below the $3.08 Zacks consensus and down from $4.06 a year ago. The miss reflects weaker operating performance and a year-over-year decline in cash flow generation. The update is likely to pressure shares modestly, though it is company-specific rather than sector-wide.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.42

Ticker Sentiment

ALX-0.68