04:46 PM EDT, 07/21/2025 (MT Newswires) -- Alexandria Real Estate Equities ( ARE ) reported Q2 adjusted funds from operations late Monday of $2.33 per share, down from with $2.36 a year earlier.

Analysts polled by FactSet expected $2.29.

Revenue in the three months ended June 30 fell to $762 million from $766.7 million a year earlier.

Analysts surveyed by FactSet expected $745.3 million.

The company reiterated its 2025 outlook for adjusted funds from operations of $9.16 to $9.36 a share. Analysts polled by FactSet expect $9.17.