Alexandria Real Estate (ARE) Reports In-Line Q4 EPS

Go back to Alexandria Real Estate (ARE) Reports In-Line Q4 EPS

Alexandria Real Estate Equities, Inc. Reports Fourth Quarter and Year Ended December 31, 2015 Financial and Operating Results

February 1, 2016 4:10 PM EST

PASADENA, Calif., Feb. 1, 2016 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced financial and operating results for the fourth quarter and year ended December 31, 2015.

Joel S. Marcus, chairman, chief executive officer, and founder of Alexandria Real Estate Equities, Inc., stated, "We concluded another very successful year where our best-in-class team delivered strong results and continued growth," including the following key highlights:

Funds from operations ("FFO") per share diluted, as adjusted, of $1.33, up 8.1% for 4Q15, compared to $1.23 for 4Q14; and $5.25, up 9.4%, for 2015, compared to $4.80 for 2014;... More