Alexanders (ALX) Reports Q3 FFO of $5.66

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Alexander's Announces Third Quarter Results

October 31, 2016 8:46 AM EDT

PARAMUS, NJ -- (Marketwired) -- 10/31/16 -- ALEXANDER'S, INC. (NYSE: ALX) filed its Form 10-Q for the quarter ended September 30, 2016 today and reported:

Third Quarter 2016 Results

Net income for the quarter ended September 30, 2016 was $21.0 million, or $4.11 per diluted share, compared to $18.2 million, or $3.55 per diluted share for the quarter ended September 30, 2015. Funds from operations ("FFO") for the quarter ended September 30, 2016 was $28.9 million, or $5.66 per diluted share, compared to $26.1 million, or $5.11 per diluted share for the quarter ended September 30, 2015.... More