PARAMUS, N.J., May 06, 2024 (GLOBE NEWSWIRE) — ALEXANDER’S, INC. (New York Stock Exchange: ALX) filed its Form 10-Q for the quarter ended March 31, 2024 today and reported:
Net income for the quarter ended March 31, 2024 was $16.1 million, or $3.14 per diluted share, compared to $11.2 million, or $2.19 per diluted share for the quarter ended March 31, 2023.
Funds from operations (“FFO”) (non-GAAP) for the quarter ended March 31, 2024 was $25.5 million, or $4.98 per diluted share, compared to $18.6 million, or $3.63 per diluted share for the quarter ended March 31, 2023.
Alexander’s, Inc. is a real estate investment trust which has five properties in New York City.