Alexander & Baldwin (ALEX) Misses Q2 EPS by 1c

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Alexander & Baldwin Reports Second Quarter 2015 Results

August 6, 2015 4:01 PM EDT

HONOLULU, Aug. 6, 2015 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced net income for the second quarter of 2015 of $9.8 million, or $0.20 per diluted share, compared to earnings for the second quarter of 2014 of $9.2 million, or $0.19 per diluted share. Revenue for the second quarter of 2015 was $153.7 million, compared to revenue of $146.7 million for the second quarter of last year.

Operating profit for the second quarter from the Company's real estate operations (Development Sales and Leasing) was $28.2 million,... More