Alexander's Q1 FFO $4.06 Beats $3.57 Estimate, Sales $54.91M Miss $56.00M Estimate

Alexander's (NYSE:ALX) reported quarterly earnings of $4.06 per share which beat the analyst consensus estimate of $3.57 by 13.73 percent. This is a 18.47 percent decrease over earnings of $4.98 per share from the same period last year. The company reported quarterly sales of $54.91 million which missed the analyst consensus estimate of $56.00 million by 1.94 percent. This is a 10.56 percent decrease over sales of $61.40 million the same period last year.