Alexander's (ALX) Q4 FFO and Revenues Surpass Estimates
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Alexander's (ALX) reported Q4 funds from operations (FFO) of $4.06 per share, surpassing the Zacks Consensus Estimate of $3.71 per share. However, this is a decrease from the $4.99 per share reported a year ago.
February 10, 2025 | 4:45 pm
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Alexander's (ALX) reported Q4 FFO of $4.06 per share, exceeding expectations but down from last year's $4.99. This mixed result may influence short-term stock movements.
The positive surprise in FFO per share compared to estimates is likely to have a favorable impact on the stock price in the short term. However, the year-over-year decline in FFO might temper investor enthusiasm, leading to a mixed but slightly positive outlook.
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IMPORTANCE 80
RELEVANCE 100