The call reflects a positive sentiment with notable achievements such as the largest lease in company history and strong financial performance. However, challenges remain with occupancy declines and pressures in the biotech market, indicating a balanced view.

Company Guidance -

Q3 2025

During the Alexandria Real Estate Equities Second Quarter 2025 conference call, the company provided guidance on various financial and operational metrics, reflecting its solid performance amidst challenging macroeconomic conditions. Key highlights included the execution of the largest lease in the company's history, a 466,000 square foot lease with a high-credit tenant, which underscores Alexandria's brand trust and product quality. The company's focus on its stabilization pipeline for 2027 and beyond was emphasized, with progress reported on assets such as 311 Arsenal and 701 Dexter. Asset sales remain a focal point, with $1.1 billion added to the executable sales pipeline for the next two quarters. The company also anticipates the Federal Reserve to lower interest rates in the coming quarters, which is deemed critical for the capital markets. In terms of leasing, 80% of the second quarter's activity was driven by the diversity of their tenant base, with private biotechnology companies representing 30% of overall leasing. The company remains confident in its long-term growth, supported by the robust biopharma ecosystem, despite current uncertainties in the macroeconomic environment.

Largest Lease in Company History

Alexandria signed the largest lease in its history for 466,000 square feet at the Campus Point Megacampus in San Diego with a top 20 pharma company, illustrating the strength of their Megacampus platform.

Strong Financial Performance

FFO per share diluted as adjusted was $2.33 for Q2 2025, up 1.3% compared to the prior quarter, due to the positive impact from recent development deliveries.

Solid Leasing Activity

Leasing spreads were 5.5% on a cash basis with a relatively high average lease duration of 9.4 years. Tenant improvements and leasing commissions on renewals were down 40% compared to the previous two quarters.

G&A Cost Savings

Significant progress was made towards annual savings for 2025, with trailing 12-month G&A costs at 6.3% of NOI, the lowest level in the past 10 years.

Robust Pipeline and Asset Recycling

Alexandria has a $1.1 billion executable sales pipeline for the next 2 quarters and is focused on asset recycling to raise significant equity-light capital.

Alexandria Equities (ARE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ARE Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 27, 2025	2025 (Q3)	0.62 / -	0.96	―	―	―
Jul 21, 2025	2025 (Q2)	0.59 / 2.33	0.25	832.00% (+2.08)	―
Apr 28, 2025	2025 (Q1)	0.70 / 0.32	0.89	-64.04% (-0.57)	―
Oct 21, 2024	2024 (Q3)	0.88 / 0.96	0.13	638.46% (+0.83)	―
Jul 22, 2024	2024 (Q2)	0.87 / 0.25	0.51	-50.98% (-0.26)	―
Apr 22, 2024	2024 (Q1)	0.87 / 0.89	0.44	102.27% (+0.45)	―
Jan 29, 2024	2023 (Q4)	- / -0.54	0.49	-210.20% (-1.03)	―
Jan 27, 2024	2024 (Q4)	0.59 / -0.54	0.49	-210.20% (-1.03)	―
Oct 23, 2023	2023 (Q3)	1.14 / 0.13	0.7	-81.43% (-0.57)	―
Jul 24, 2023	2023 (Q2)	0.39 / 0.51	1.67	-69.46% (-1.16)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ARE Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 21, 2025	$78.27	$80.69	+3.09%
Apr 28, 2025	$75.60	$71.26	-5.74%
Oct 21, 2024	$114.19	$112.71	-1.30%
Jul 22, 2024	$118.93	$114.75	-3.51%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Alexandria Real Estate Equities (ARE) report earnings?

Alexandria Real Estate Equities (ARE) is schdueled to report earning on Oct 27, 2025, After Close (Confirmed).

What is Alexandria Real Estate Equities (ARE) earnings time?

Alexandria Real Estate Equities (ARE) earnings time is at Oct 27, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ARE EPS forecast?

ARE EPS forecast for the fiscal quarter 2025 (Q3) is 0.62.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing