Alexanders (ALX) Reports Q2 FFO of $4.32

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Go back to Alexanders (ALX) Reports Q2 FFO of $4.32

Alexander’s Announces Second Quarter Financial Results

August 1, 2022 8:44 AM EDT

PARAMUS, N.J., Aug. 01, 2022 (GLOBE NEWSWIRE) -- ALEXANDERS, INC. (New York Stock Exchange: ALX) filed its Form 10-Q for the quarter ended June 30, 2022 today and reported:

Second Quarter 2022 Financial Results

Net income for the quarter ended June 30, 2022 was $14.8 million, or $2.89 per diluted share, compared to $25.9 million, or $5.05 per diluted share for the quarter ended June 30, 2021. Net income for the quarter ended June 30, 2021 included $9.1 million, or $1.78 per diluted share, of income as a result of a net gain on the sale of real estate.

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