Alexandria Real Estate Equities Inc expected to post earnings of 92 cents a share - Earnings Preview

Alexandria Real Estate Equities

24/01/2025 21:11

* Alexandria Real Estate Equities Inc  ARE.N   ARE  is
expected
to show a rise in quarterly revenue when it reports  results on
January 27 for the period ending December 31 2024
    * The Pasadena California-based  company is expected to
report a
5.1% increase in revenue to $780.165 million from $742.64
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. (SAL is on Rental revenue basis)
    * ​LSEG's mean analyst estimate for Alexandria Real Estate
Equities Inc is for earnings of 92 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Alexandria
Real
Estate Equities Inc is $119.00​, above​ its last closing price
of $100.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  2.36        2.37       2.37      Met     0
 Jun. 30 2024  2.35        2.34       2.36      Beat    0.8
 Mar. 31 2024  2.34        2.33       2.35      Beat    1​
 Dec. 31 2023  2.29        2.29       2.28      Missed  -0.5
 ​​Sep.        2.24        2.24       2.26      Beat    1
 30 2023                                                
 Jun. 30 2023  2.20        2.19       2.24      Beat    2.2​
 Mar. 31 2023  2.17        2.17       2.19      Beat    1
 Dec. 31 2022  2.13        2.13       2.14      Beat    0.5
 This summary was machine generated January 24 at 21:11 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)