Alexandria Real Estate Q2 EPS $2.24 Up From $2.10 YoY, Sales $713.90M Beat $694.54M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alexandria Real Estate (NYSE:ARE) reported Q2 earnings of $2.24 per share, a 6.67% increase YoY. The company's quarterly sales were $713.90 million, beating the analyst consensus estimate of $694.54 million by 2.79% and marking a 10.89% increase YoY.
July 24, 2023 | 8:12 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Alexandria Real Estate reported better than expected Q2 earnings and sales, which could positively impact its stock.
Alexandria Real Estate's Q2 earnings and sales exceeded expectations, which is typically a positive signal for the company's stock. Investors may react positively to this news, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100