Alexanders (ALX) Reports Q3 FFO of $4.40

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Go back to Alexanders (ALX) Reports Q3 FFO of $4.40

Alexander’s Announces Third Quarter Financial Results

October 31, 2022 8:53 AM EDT

PARAMUS, N.J., Oct. 31, 2022 (GLOBE NEWSWIRE) -- ALEXANDERS, INC. (New York Stock Exchange: ALX) filed its Form 10-Q for the quarter ended September 30, 2022 today and reported:

Third Quarter 2022 Financial Results

Net income for the quarter ended September 30, 2022 was $15.1 million, or $2.95 per diluted share, compared to $11.4 million, or $2.22 per diluted share for the quarter ended September 30, 2021.

Funds from operations (FFO) (non-GAAP) for the quarter ended September 30, 2022 was $22.5 million, or $4.40 per diluted share, compared to $21.2 million, or $4.13 per diluted share for the quarter ended September 30, 2021.

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