Alexander & Baldwin, Inc. Reports Second Quarter 2019 Results
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Alexander & Baldwin (ALEX) Misses Q2 EPS
August 1, 2019 4:34 PM EDTAlexander & Baldwin (NYSE: ALEX) reported Q2 EPS of ($0.01), $0.12 worse than the analyst estimate of $0.11.
Chris Benjamin, A&B president & chief executive officer, stated: "Our second quarter 2019 results reflect the continued success of our commercial real estate ("CRE") growth strategy as cash net operating income ("NOI") grew a remarkable 20.4% compared to the same quarter last year. The largest driver of this increase was the purchase in late 2018 and early 2019 of six Hawaii commercial... More
