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

Alexandria Real Estate Equities

28/04/2025 22:40

Alexandria Real Estate Equities Inc ARE.N reported a quarterly adjusted loss of 7 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 97 cents.  The mean expectation of five analysts for the quarter was for earnings of 67 cents per share. Wall Street expected results to range from 60 cents to 81 cents per share.

Revenue fell 1.6% to $743.18 million from a year ago; analysts expected $751.55 million.

Alexandria Real Estate Equities Inc's reported EPS for the quarter was a loss of 7 cents​.

The company reported a quarterly loss of $11.6 million.

Alexandria Real Estate Equities Inc shares had fallen by 18.0% this quarter and lost 22.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.3% 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  "hold."

Wall Street's median 12-month price target for Alexandria Real Estate Equities Inc is $111.50

This summary was machine generated from LSEG data April 28 at 09:40 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
Mar. 31 2025
2.28
2.30
Beat
Dec. 31 2024
2.39
2.39
Met
Sep. 30 2024
2.37
2.37
Met
Jun. 30 2024
2.34
2.36
Beat