8/1015 sources · 7 publishersUpdated Oct 27, 22:51 UTC
Alexandria Real Estate Equities posts Q3 loss, narrows 2026 FFO guidance and sets leverage target
Alexandria Real Estate Equities reported a third‑quarter loss of $638.5 million, driven by a $637.9 million impairment on held‑for‑sale properties. Adjusted funds‑from‑operations were $1.54 per share and revenue fell to $671.2 million. The REIT narrowed its full‑year 2026 adjusted FFO outlook to $6.38‑$6.42 per share and reaffirmed a year‑end leverage goal of 5.6‑6.2 times.
Why it matters
The widened loss and lower guidance suggest reduced earnings momentum, which may pressure the stock price. The company’s stated leverage target and reaffirmed FFO midpoint give investors a clear benchmark for future capital‑structure expectations.
Key facts
- 1Net loss for the quarter was $638.5 million. stocktitan.net
- 2Loss per diluted share was $3.74. stocktitan.net
- 3Adjusted FFO per diluted share was $1.54. stocktitan.net
- 4Revenue for Q3 2026 was $671.2 million. tradingview.com
- 5Occupancy of operating properties averaged 87.1 %. stocktitan.net
- 6Total leasing volume in the quarter was 1,236,030 square feet. prnewswire.com
Summary written by AlphAI AI Desk from 15 of 15 sources. Not investment advice. Figures are as stated by the linked sources.