Alexander & Baldwin, Inc. Reports Fourth Quarter and Full-Year 2019 Results
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Alexander & Baldwin (ALEX) Misses Q4 EPS
February 26, 2020 4:15 PM ESTAlexander & Baldwin (NYSE: ALEX) reported Q4 EPS of ($0.07), which may not compare to the analyst estimate of $0.10.
Chris Benjamin, A&B president & chief executive officer stated: "We entered 2019 optimistic about growth in our commercial portfolio and we exceeded expectations on all frontsfrom better-than-expected CRE Same-Store Cash NOI to a higher cap rate on the reinvestment of our Maui land sale proceeds into strategic Hawai\'i commercial... More
