Alexanders (ALX) Reports Q1 FFO of $5.92
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Alexander's Announces First Quarter 2016 FFO of $5.92 per Share
May 2, 2016 9:02 AM EDTPARAMUS, NJ -- (Marketwired) -- 05/02/16 -- Alexander's, Inc. (NYSE: ALX) filed its Form 10-Q for the quarter ended March 31, 2016 today and reported:
Net income for the quarter ended March 31, 2016 was $22.0 million, or $4.31 per diluted share, compared to $17.8 million, or $3.49 per diluted share for the quarter ended March 31, 2015. Funds from operations ("FFO") for the quarter ended March 31, 2016 was $30.3 million, or $5.92 per diluted share, compared to $25.1 million, or $4.92 per diluted share for the quarter ended March 31, 2015.
Alexander's, Inc. is a real estate investment trust which has seven properties in the greater New York City metropolitan... More
