Alexandria Real Estate Equities (ARE) Meets Q1 FFO Estimates
Alexandria Real Estate Equities (ARE) came out with quarterly funds from operations (FFO) of $1.73 per share, in line with the Zacks Consensus Estimate . This compares to FFO of $2.3 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +0.22%. A quarter ago, it was expected that this life science real estate company would post FFO of $2.15 per share when it actually produced FFO of $2.16, delivering a surprise of +0.47%.Over the last fo ...