Alexander's falls on downbeat Q3 profit

Reuters
2025.11.03 15:03
portai
I'm PortAI, I can summarize articles.

** Shares of retail REIT firm Alexander's fall nearly 1% to about $220 in early trading** Co's Q3 net income declined as tenant exits from its New York City properties pressured rental income and occupancy** ALX posts Q3 net income of $6 mln, or $1.16/share, as compared to $6.7 mln, or $1.30/share, year ago ** However, it reports quarterly funds from operations at $14.9 mln, or $2.91/share, compared with $14.6 mln, or $2.84/share in year-ago period** Including session moves, shares up 9.5% YTD