Alexanders (ALX) Reports Q2 FFO of $6.06/Share

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Alexander's Announces Second Quarter Results

August 1, 2016 9:06 AM EDT

PARAMUS, NJ -- (Marketwired) -- 08/01/16 -- ALEXANDER'S, INC. (NYSE: ALX) filed its Form 10-Q for the quarter ended June 30, 2016 today and reported:

Second Quarter 2016 Results

Net income for the quarter ended June 30, 2016 was $21.8 million, or $4.26 per diluted share, compared to $17.3 million, or $3.39 per diluted share for the quarter ended June 30, 2015. Funds from operations ("FFO") for the quarter ended June 30, 2016 was $31.0 million, or $6.06 per diluted share, compared to $24.6 million, or $4.82 per diluted share for the quarter ended June 30, 2015.... More