Alexander’s Inc (ALX) reported a drop in earnings for the third quarter compared to the same period last year. The company’s bottom line was $5.97 million, or $1.16 per share, down from $6.68 million, or $1.30 per share, last year. Excluding items, adjusted earnings were $14.92 million or $2.91 per share. Revenue for the period decreased by 4.1% to $53.42 million from $55.68 million last year. Overall, Alexander’s Inc saw a decline in both earnings and revenue in the third quarter.

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