Alexander's (ALX) Lags Q4 FFO Estimates

分组1 - Alexander's reported quarterly funds from operations (FFO) of $4.99 per share, missing the Zacks Consensus Estimate of $5.95 per share, but showing an increase from $4.03 per share a year ago, resulting in an FFO surprise of -16.13% [1] - The company posted revenues of $62.94 million for the quarter ended December 2023, surpassing the Zacks Consensus Estimate by 13.60%, compared to year-ago revenues of $53.05 million [1] - Over the last four quarters, Alexander's has surpassed consensus revenue estimates three times [1] 分组2 - The current consensus FFO estimate for the coming quarter is $6.06 on revenues of $55.4 million, and for the current fiscal year, it is $15.79 on revenues of $221.7 million [4] - The Zacks Industry Rank for REIT and Equity Trust - Other is currently in the top 43% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [4] - Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions, with Alexander's currently holding a Zacks Rank 3 (Hold) [3]