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Stock impact report

Alexander’s Announces Fourth Quarter Financial Results

Alexander's, Inc. (ALX) 
US:NYSE Investor Relations: alx-inc.com
Company Research Source: GlobeNewswire
PARAMUS, N.J., Feb. 12, 2024 (GLOBE NEWSWIRE) -- ALEXANDER’S, INC. (New York Stock Exchange: ALX) filed its Form 10-K for the year ended December 31, 2023 today and reported: Fourth Quarter 2023 Financial Results Net income for the quarter ended December 31, 2023 was $16.3 million, or $3.17 per diluted share, compared to $13.2 million, or $2.57 per diluted share for the quarter ended December 31, 2022. Funds from operations (“FFO”) (non-GAAP) for the quarter ended December 31, 2023 was $25.6 million, or $4.99 per diluted share, compared to $20.6 million, or $4.03 per diluted share for the quarter ended December 31, 2022. Year Ended December 31, 2023 Financial Results Net income for the year ended December 31, 2023 was $102.4 million, or $19.97 per diluted share, compared to $57.6 million, or $11.24 per diluted share for the year ended December 31, 2022. Net income for the year ended December 31, 2023 included $54.0 million, or $10.52 per diluted share, of income as a result of Show less Read more
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