Alexander & Baldwin, Inc. (NYSE:ALEX) is reporting third quarter earnings results on Thursday 29th October 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.01 per share.
For the full year, analysts predict revenues of $ 321.45 million, while looking forward to income of $ 0.08 per share.
Previous Quarter Performance
Alexander & Baldwin, Inc. recorded loss for the second quarter of $ 0.07 per share, from the revenue of $ 73.90 million. Street analysts expected Alexander & Baldwin, Inc. to report loss of $ 0.02 per share on revenue of $ 67.35 million for the second quarter. The bottom line results missed street analysts by $ 0.05 or 250 percent, at the same time, top line results outshined analysts by $ 6.55 million or 9.73 percent.
Stock Performance
Shares of Alexander & Baldwin, Inc. traded up $ 0.01 or 0.08 percent on Wednesday, reaching $ 12.06 with volume of 369.60 thousand shares. Alexander & Baldwin, Inc. has traded high as $ 12.11 and has cracked $ 11.75 on the downward trend
According to the previous trading day, closing price of $ 12.06, representing a 44.83 % increase from the 52 week low of $ 8.32 and a 49.79 % decrease over the 52 week high of $ 24.00.
The company has a market capital of $ 872.52 million and is part of the Financial sector and Real Estate Development industry.
Conference Call
Alexander & Baldwin, Inc. will be hosting a conference call at 5:00 PM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.alexanderbaldwin.com
Alexander & Baldwin, Inc. is Hawaiis premier commercial real estate company and the states foremost owner of grocery-anchored retail centers. A&B is a fully integrated real estate investment trust and owns, operates and manages approximately 3.9 million square feet of primarily retail and industrial space in Hawaii, and is a major landowner in the state.
