Alexandria Real Estate Equities posts Q2 FFO of $1.73 per share, raises full-year outlook to $6.35–$6.45
Alexandria Real Estate Equities reported second-quarter funds from operations (FFO) of $1.73 per share, above analysts’ average estimate of $1.65. Revenue came in at $662.8 million, also topping the $649 million forecast. The REIT raised its full-year FFO guidance to a range of $6.35 to $6.45 per share.