Benzinga | Jul 26, 2021 04:57PM EDT

Alexandria Real Estate Q2 EPS $1.93 Beats $0.63 Estimate, Sales $509.62M Beat $411.21M Estimate

Alexandria Real Estate (NYSE:ARE) reported quarterly earnings of $1.93 per share which beat the analyst consensus estimate of $0.63 by 206.35 percent. This is a 6.63 percent increase over earnings of $1.81 per share from the same period last year. The company reported quarterly sales of $509.62 million which beat the analyst consensus estimate of $411.21 million by 23.93 percent. This is a 16.63 percent increase over sales of $436.96 million the same period last year.