Alexandria Real Estate Equities, Inc. (ARE) reported that its net loss attributable to the company's common stockholders for the fourth quarter widened to $1.08 billion or $6.35 per share from $64.92 million or $0.07 per share last year.
Total expenses for the quarter were $2.37 billion compared to $845.49 million in the prior year.
Quarterly funds from operations per share was $1.93 compared to $1.81 last year.
Total revenues for the quarter declined to $754.41 million from $788.95 million last year.
For 2026, the company still expects adjusted funds from operations to be in the range of $6.25 to $6.55.
ARE Monday's regular trading at $ 57.16, down $2.53 or 4.24%. In after-hours trading, the stock rose slightly to $57.57, an increase of $0.41 or 0.72%.
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