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Re: Q How can income jump 200% while revenue jumps 4%      5-May-09 10:03 am    
It is due to the reversal of the stock appreciation rights accrual in Q1 of this year.

If you adjust for this, EPS dropped from $3.10 in Q1 2008 to $2.30 in Q1 2009 and FFOPS dropped from $4.12 in Q1 2008 to $3.40 in Q1 2009.
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Alexander's Inc. (ALX)

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