A $148M Sale Masks What Alexander’s (ALX) Really Earned
Alexander’s Inc. (ALX) reported Q2 net income of $155.4M, up 25x YoY, driven by a $148M gain from selling one property. FFO rose to $15.5M, and revenue increased to $54.7M. However, H1 2026 FFO declined to $28.9M, while revenue edged up to $108.1M. Hedge fund interest grew, but short interest remains high at 13.73%.





