Alexandria Real Estate Equities Inc reports results for the quarter ended December 31 - Earnings Summary

Alexandria Real Estate Equities

27/01/2025 22:01

* Alexandria Real Estate Equities Inc  ARE.N  reported a
quarterly
adjusted loss of 38 cents​​ per share for the quarter ended
December 31, higher than the same quarter last year, when the
company reported EPS of -54 cents.  The mean expectation of
five analysts for the quarter was for earnings of 92 cents per
share. Wall Street expected results to range from 86 cents
to $1.05 per share.
    * Revenue rose 2.8% to $763.25 million from a year ago;
analysts
expected $780.17 million. 
    * Alexandria Real Estate Equities Inc's reported EPS for the
quarter was a loss of 38 cents​.
    * The company reported a quarterly loss of $64.92 million.
    * Alexandria Real Estate Equities Inc shares had risen
by 4.2%
this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the commercial
reits
peer group is also "buy"

Wall Street's median 12-month price target for Alexandria Real
Estate Equities Inc is $119.00 
This summary was machine generated from LSEG data January 27 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      2.39           2.39           Met
 Sep. 30 2024      2.37           2.37           Met
 Jun. 30 2024      2.34           2.36           Beat
 Mar. 31 2024      2.33           2.35           Beat