Alexandria Real Estate Equities, Inc. Reports 1Q26 Net Income per Share - Diluted of $2.10; and 1Q26 FFO per Share - Diluted, as Adjusted, of $1.73
Alexandria Real Estate Equities reported 1Q26 FFO as adjusted of $1.73 per share, down from $2.30 in the prior year, reflecting a 15.2% decline in cash-basis Net Operating Income. The company maintained its full-year 2026 FFO guidance midpoint of $6.40 but narrowed the range to $6.30-$6.50; however, it lowered projections for year-end occupancy and same-property NOI growth.
Key figures
- Eps
- 2.1
- Guidance
- 2026 FFO as adjusted $6.30-$6.50, narrowed from $6.25-$6.55; midpoint $6.40 maintained
- Ffo as adjusted diluted
- 1.73
- Net debt to ebitda ratio
- 6.8x
- Ffo as adjusted prior year
- 2.3
- Operating occupancy percent
- 87.7 %
- Noi decrease cash basis percent
- (15.2) %
- Same property noi change percent
- (11.9) %
AI analysis
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