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Alexander's Q1 FFO Rises - Quick Facts

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Alexander's Inc. (ALX: Quote) reported that its first-quarter Funds from operations attributable to common stockholders or FFO rose to $28.0 million, or $5.49 per share, from $26.3 million, or $5.15 per share, in the prior year's quarter.

Net income attributable to common stockholders for the quarter was $19.5 million, or $3.81 per share, compared to $18.2 million, or $3.57 per share in the year ago quarter.

Revenues for the quarter rose to $63.66 million from $62.87 million in the prior year quarter.

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by RTT Staff Writer

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