Alexander’s, Inc. (ALX) Scheduled to Post Earnings on Monday
Alexander’s (NYSE:ALX) last released its earnings results on Monday, July 31st. The real estate investment trust reported $5.60 earnings per share for the quarter, missing the consensus estimate of $5.71 by ($0.11). Alexander’s had a return on equity of 24.22% and a net margin of 37.16%. The business had revenue of $57.19 million for the quarter. On average, analysts expect Alexander’s to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Alexander’s, Inc. (NYSE ALX) opened at 422.15 on Monday. Alexander’s, Inc. has a 1-year low of $369.33 and a 1-year high of $451.99. The firm’s 50-day moving average price is $425.71 and its 200 day moving average price is $423.82. The company has a market capitalization of $2.16 billion, a PE ratio of 25.40 and a beta of 0.67.
Separately, BidaskClub raised shares of Alexander’s from a “strong sell” rating to a “sell” rating in a report on Wednesday, July 19th.
TRADEMARK VIOLATION NOTICE: “Alexander’s, Inc. (ALX) Scheduled to Post Earnings on Monday” was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this piece on another site, it was illegally stolen and reposted in violation of international copyright and trademark law. The legal version of this piece can be viewed at https://www.americanbankingnews.com/2017/10/23/alexanders-inc-alx-scheduled-to-post-earnings-on-monday.html.
Alexander’s, Inc is a real estate investment trust (REIT). The Company is engaged in leasing, managing, developing and redeveloping its properties. It is managed by, and its properties are leased and developed by, Vornado Realty Trust (Vornado). As of December 31, 2016, the Company had seven properties in the greater New York City metropolitan area consisting of 731 Lexington Avenue; Rego Park I; Rego Park II; The Alexander apartment tower; Paramus, and Flushing.
Receive News & Ratings for Alexander's Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alexander's Inc. and related companies with MarketBeat.com's FREE daily email newsletter.