Alexander's: Q1 Earnings Snapshot
PARAMUS, N.J. — PARAMUS, N.J. — Alexander's Inc. (ALX) on Monday reported a key measure of profitability in its first quarter.
The Paramus, New Jersey-based real estate investment trust said it had funds from operations of $20.8 million, or $4.06 per share, in the period.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
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