Insights Ahead: Alexandria Real Estate's Quarterly Earnings

Alexandria Real Estate (NYSE:ARE) will release its quarterly earnings report on Monday, 2024-10-21. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Alexandria Real Estate to report an earnings per share (EPS) of $2.37.

The market awaits Alexandria Real Estate's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Historical Earnings Performance

The company's EPS beat by $0.02 in the last quarter, leading to a 3.52% drop in the share price on the following day.

Here's a look at Alexandria Real Estate's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

2.34

2.32

EPS Actual

2.36

2.35

2.28

2.26

Price Change %

-4.0%

1.0%

-4.0%

1.0%

Analyst Insights on Alexandria Real Estate

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Alexandria Real Estate.

Analysts have given Alexandria Real Estate a total of 8 ratings, with the consensus rating being Neutral. The average one-year price target is $128.88, indicating a potential 6.29% upside.

Comparing Ratings Among Industry Peers

In this analysis, we delve into the analyst ratings and average 1-year price targets of Ventas, Healthpeak Properties and Omega Healthcare Invts, three key industry players, offering insights into their relative performance expectations and market positioning.

As per analysts' assessments, Ventas ...