Alexander's Q1 2025 Earnings Report Exceeds Expectations
Alexander's (ALX) reported Q1 2025 earnings with a comparable FFO of $0.63 per share, exceeding analyst expectations by $0.09. The company achieved strong leasing activity and secured significant long-term leases, including a 70-year master lease with NYU. Alexander's also reduced debt by $915 million and increased liquidity to $3 billion.
Tickers: $ALX
Topics: debt_reduction financial_performance leasing real_estate