Alexander & Baldwin Reports First Quarter 2016 Results

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Alexander & Baldwin (ALEX) Misses Q1 EPS by 14c

May 5, 2016 4:58 PM EDT

Alexander & Baldwin (NYSE: ALEX) reported Q1 EPS of $0.06, ex-items, $0.14 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $108.8 million versus the consensus estimate of $137.11 million.

"We are very pleased with the performance of our commercial assets during the quarter and the progress we're making in repositioning the portfolio. Leasing... More