For the quarter ended June 2023, Alexandria Real Estate Equities (ARE Quick QuoteARE - Free Report) reported revenue of $713.9 million, up 10.9% over the same period last year. EPS came in at $2.24, compared to $2.11 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $699.19 million, representing a surprise of +2.10%. The company delivered an EPS surprise of +1.82%, with the consensus EPS estimate being $2.20.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Alexandria Real Estate Equities performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Revenues- Other income: $9.56 million versus $7.90 million estimated by two analysts on average.
• Revenues- Rental: $704.34 million versus $692.92 million estimated by two analysts on average.
• Net Earnings Per Share (Diluted): $0.51 compared to the $0.68 average estimate based on two analysts.

View all Key Company Metrics for Alexandria Real Estate Equities here>>>

Shares of Alexandria Real Estate Equities have returned +13% over the past month versus the Zacks S&P 500 composite's +4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.