Alexandria Real Estate (ARE) Tops Q4 EPS by $1.18, Revenues Beat

Alexandria Real Estate (NYSE: ARE) reported Q4 EPS of $1.79, $1.18 better than the analyst estimate of $0.61. Revenue for the quarter came in at $408.1 million versus the consensus estimate of $305.29 million.

Celebrating our 25th Anniversary; an important milestone in company history

Since our initial launch in January 1994 as a garage startup with a strategic business plan, $19 million in Series A capital, and a unique vision to create a new kind of real estate company focused on serving the life science industry, we have grown into an investment-grade rated S&P 500® company, a recognized leader in life science cluster development, and a trusted partner to innovative companies, highly respected cities, and renowned institutions. From our initial public offering in May 1997 through December 31, 2019, we have generated a total shareholder return of 1,714% and a total market capitalization of $26.3 billion as of December 31, 2019.

A REIT industry-leading, high-quality tenant roster

• 50% of annual rental revenue from investment-grade or publicly traded large cap tenants.
• Weighted-average remaining lease term of 8.1 years.

For earnings history and earnings-related data on Alexandria Real Estate (ARE) click here.

You May Also Be Interested In

• Sinda raises $331M in IPO, reports Q2 net loss of $16.6M
• Reading (RDI) Tops Q2 EPS by 4c
• VICI Properties closes $1.75B senior unsecured notes offering