Alexander's Inc. (ALX) reported that its first-quarter net income from continuing operations increased to $14.2 million or $2.77 per share from $13.0 million or $2.55 per share prior year. Net income attributable to stockholders decreased to $14.2 million or $2.77 per share, from $19.5 million or $3.81 per share last year.
Funds from operations attributable to stockholders decreased to $21.3 million or $4.18 per share, from $28.0 million or $5.49 per share prior year. Adjusted FFO rose to $21.3 million or $4.18 per share, from $20.1 million or $3.95 per share, prior year.
Revenues increased to $48.78 million from $47.30 million last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.