Alexandria Real Estate Equities (NYSE: ARE) shares dipped 2.7% in Monday after-hours trading following the release of its third-quarter results.
The life-science-focused REIT lowered its full-year guidance for adjusted funds from operations (AFFO) due to worse-than-expected Q3 performance. It now expects FY25 AFFO per share to be $9.01.
https://seekingalpha.com/news/4509035-alexandria-real-estate-reduces-affo-guidance-after-q3-earnings-fall-short?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news
