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Insights Into Alexandria Real Estate Equities (ARE) Q3: Wall Street Projections for Key Metrics

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Wall Street analysts forecast that Alexandria Real Estate Equities (ARE - Free Report) will report quarterly earnings of $2.31 per share in its upcoming release, pointing to a year-over-year decline of 2.5%. It is anticipated that revenues will amount to $756.18 million, exhibiting a decrease of 4.5% compared to the year-ago quarter.

Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.

Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.

While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.

With that in mind, let's delve into the average projections of some Alexandria Real Estate Equities metrics that are commonly tracked and projected by analysts on Wall Street.

The collective assessment of analysts points to an estimated 'Revenues- Other income' of $17.23 million. The estimate suggests a change of +8.6% year over year.

The average prediction of analysts places 'Revenues- Rental' at $735.23 million. The estimate suggests a change of -5.2% year over year.

It is projected by analysts that the 'Depreciation and amortization' will reach $334.22 million.

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

Over the past month, Alexandria Real Estate Equities shares have recorded returns of -11.7% versus the Zacks S&P 500 composite's +1.1% change. Based on its Zacks Rank #3 (Hold), ARE will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .


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