ALEXANDER’S INC. (ALX) Q3 2025 Performance Summary
Alexander’s reported a challenging operational period for the nine months ended September 30, 2025. Net Income fell to $24.4M (down from $31.2M in 2024), resulting in Diluted EPS of $4.75 (vs. $6.07 last year). Net Operating Income (NOI) contracted significantly to $81.7M (from $93.8M), driven by reduced Rental Revenues ($159.9M YTD). A substantial year-over-year reduction in Interest and Debt Expense ($14.04M savings) partially mitigated the operational decline. Total Equity contracted by 27.44%, largely due to a reduction in Ret
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