Alexander's Q4 FFO $4.99 Up From $4.03 YoY, Sales $62.94M Up From $53.05M YoY
Portfolio Pulse from Happy Mohamed
Alexander's Inc. reported an increase in its Q4 Funds From Operations (FFO) to $4.99 per share, up from $4.03 per share year-over-year. Sales also rose to $62.94 million from $53.05 million in the same period.
February 12, 2024 | 1:46 pm
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POSITIVE IMPACT
Alexander's Inc. reported a significant increase in both Q4 FFO and sales, indicating strong financial performance.
The increase in FFO and sales for Alexander's Inc. suggests improved operational efficiency and revenue growth. This positive financial performance is likely to instill confidence among investors, potentially leading to a short-term uptick in ALX's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100