Alexander & Baldwin (ALEX) Misses Q2 EPS by 9c

Alexander & Baldwin (NYSE: ALEX) reported Q2 EPS of $0.05, $0.09 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $88.1 million versus the consensus estimate of $92.15 million.

• Nareit-defined Funds From Operations ("FFO") and FFO per-diluted share were $13.2 million and $0.18 per share, respectively, compared to $22.3 million and $0.31 per share in the same quarter of 2021.
• Core FFO and Core FFO per-diluted share were $20.3 million and $0.28 per share, respectively, compared to $18.5 million and $0.25 per share in the same quarter of 2021.

For earnings history and earnings-related data on Alexander & Baldwin (ALEX) click here.

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