Alexander''s Announces First Quarter Financial Results
PARAMUS, N.J., May 02, 2022 (GLOBE NEWSWIRE) -- ALEXANDER''S, INC. (New York Stock Exchange: ALX) filed its Form 10-Q for the quarter ended March 31, 2022 today and reported: Net income for the quarter ended March 31, 2022 was $14.5 million, or $2.84 per diluted share, compared to $17.9 million, or $3.49 per diluted share for the quarter ended March 31, 2021. Funds from operations ("FFO") (non-GAAP) for the quarter ended March 31, 2022 was $21.8 million, or $4.25 per diluted share, compared to $25.8 million, or $5.03 per diluted share for the quarter ended March 31, 2021. Alexander''s, Inc. is a real estate investment trust which has six properties in the New York City metropolitan area. CONTACT: GARY HANSEN (201) 587-8541 Certain statements contained herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
Alexander''s Announces First Quarter Financial Results
PARAMUS, N.J., May 02, 2022 (GLOBE NEWSWIRE) -- ALEXANDER''S, INC. (New York Stock Exchange: ALX) filed its Form 10-Q for the quarter ended March 31, 2022 today and reported: Net income for the quarter ended March 31, 2022 was $14.5 million, or $2.84 per diluted share, compared to $17.9 million, or $3.49 per diluted share for the quarter ended March 31, 2021. Funds from operations ("FFO") (non-GAAP) for the quarter ended March 31, 2022 was $21.8 million, or $4.25 per diluted share, compared to $25.8 million, or $5.03 per diluted share for the quarter ended March 31, 2021. Alexander''s, Inc. is a real estate investment trust which has six properties in the New York City metropolitan area. CONTACT: GARY HANSEN (201) 587-8541 Certain statements contained herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.