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Alexandria Real Estate (ARE) Tops Q3 EPS by 8c, provides guidance

October 21, 2024 4:13 PM

Alexandria Real Estate (NYSE: ARE) reported Q3 EPS of $0.96, $0.08 better than the analyst estimate of $0.88. Revenue for the quarter came in at $791.6 million versus the consensus estimate of $766.97 million.
Summary of Key Changes in Guidance:

Straight-line rent revenue: $147 to $162 million.

General and administrative expenses: $176 to $186 million.

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

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Earnings