Here's What Key Metrics Tell Us About Alexandria Real Estate Equities (ARE) Q1 Earnings

For the quarter ended March 2024, Alexandria Real Estate Equities (ARE) reported revenue of $769.11 million, up 9.8% over the same period last year. EPS came in at$ 2.35, compared to $0.44 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of$ 765.88 million, representing a surprise of +0.42%. The company delivered an EPS surprise of +1.73%, with the consensus EPS estimate being $2.31.While investors closely watch year-over-year changes in headline numbers -- revenue and e ...