08:52 AM EDT, 05/05/2025 (MT Newswires) -- Alexander's (ALX) reported Q1 non-GAAP funds from operations Monday of $4.06 per diluted share, down from $4.98 a year earlier.

An analyst polled by FactSet expected $3.35.

Revenue for the quarter ended March 31 was $54.9 million, compared with $61.4 million a year earlier.

The analyst surveyed by FactSet expected $56 million.