Alexandria Real Estate Q1 FFO $1.73, Inline, Sales $671.022M Miss $682.864M Estimate
Alexandria Real Estate (NYSE:ARE) reported quarterly earnings of $1.73 per share which met the analyst consensus estimate. This is a 24.78 percent decrease over earnings of $2.30 per share from the same period last year. The company reported quarterly sales of $671.022 million which missed the analyst consensus estimate of $682.864 million by 1.73 percent. This is a 11.49 percent decrease over sales of $758.158 million the same period last year.
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