RTTNews | Jan 31, 2022 04:15PM EST

16:14 Monday, January 31, 2022 (RTTNews.com) - Alexandria Real Estate Equities, Inc. (ARE) revealed earnings for fourth quarter that decreased from last year

The company's earnings totaled $72.80 million, or $0.47 per share. This compares with $435.92 million, or $3.26 per share, in last year's fourth quarter.

Excluding items, Alexandria Real Estate Equities, Inc. reported adjusted earnings of $303.63 million or $1.97 per share for the period.

The company's revenue for the quarter rose 24.4% to $576.92 million from $463.72 million last year.

Alexandria Real Estate Equities, Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $72.80 Mln. vs. $435.92 Mln. last year.-EPS (Q4): $0.47 vs. $3.26 last year.-Revenue (Q4): $576.92 Mln vs. $463.72 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3258766/alexandria-real-estate-equities-inc-reports-decline-in-q4-profit.aspx)

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