Alexandria Real Estate Q1 FFO $2.30 Beats $2.28 Estimate, Sales $758.16M Beat $751.55M Estimate

Alexandria Real Estate (NYSE:ARE) reported quarterly earnings of $2.30 per share which beat the analyst consensus estimate of $2.28 by 0.88 percent. This is a 2.13 percent decrease over earnings of $2.35 per share from the same period last year. The company reported quarterly sales of $758.16 million which beat the analyst consensus estimate of $751.55 million by 0.88 percent. This is a 1.42 percent decrease over sales of $769.11 million the same period last year.