)
Overview
<ul>
<li>Real estate investment trust’s Q4 revenue slightly missed analyst expectations</li>
<li>Net income for Q4 fell compared to last year</li>
<li>Company’s FFO for Q4 decreased yr/yr</li>
</ul>
Outlook
<ul>
<li>Alexander’s did not provide specific guidance for future quarters or the full year</li>
</ul>
Result Drivers
<ul>
<li>Alexander’s did not give details or reasons for the financial results in its press release</li>
</ul>
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q4 Slight $53.26 $53.40
Revenue Miss* mln mln (1
Analyst)
Q4 Net Miss $3.82 $6.30
Income mln mln (1
Analyst)
<h3>Q4 $12.47</h3>
Adjusted mln
<h3>FFO</h3>
<h3>Q4 $2.43</h3>
Adjusted
FFO Per
Share
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
<ul>
<li>The one available analyst rating on the shares is “sell”</li>
<li>The average consensus recommendation for the commercial reits peer group is “buy.”</li>
<li>Wall Street’s median 12-month price target for Alexander’s Inc is $190.00, about 25.5% below its February 6 closing price of $255.07</li>
</ul>
Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

XLRE

Reuters

Real Est Select Spdr

iShares Residential and Multisector Real Estate ETF

Alexanders

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iShares US Real Estate ETF

SPDR Dow Jones REIT ETF

SPDR Dow Jones Global Real Estate ETF

FlexShares Glbl Quality Real Estate ETF

Schw Us Reit

iShares Global REIT

Vanguard Real Estate ETF

Alexander's net income, revenue fall in Q4