StocksMediumUpdated•Originally published 2 November 2026•Updated 2 November 2026•
1 min read
Alexander's Q3 Results Miss FFO and Revenue Estimates
Key Facts
1Alexander's reported FFO of $7.07 per share, missing analyst estimates by $1.13.
2The company's revenue reached $72.06M, missing expectations by $10.34M.
Alexander's reported third-quarter FFO of $7.07 per share, missing analyst estimates by $1.13. According to Seeking Alpha, the company's revenue reached $72.06M for the period ended September 30, 2026, which fell $10.34M short of market expectations.
ALX closed at $251.62 on October 30, 2026, with the stock trading between a high of $254.5 and a low of $247.3 during that session. The quarterly performance represents a double miss on both top and bottom-line metrics compared to analyst projections.
Latest Updates · 1
- Notable·
Update: The company's nine-month results included a $148.0 million gain from the sale of the Rego Park I property. Additionally, net income for the third quarter ended September 30, 2026, reached $27.4 million.