Alexander & Baldwin, Inc. Reports Fourth Quarter and Full-Year 2020 Results
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Alexander & Baldwin (ALEX) Misses Q4 EPS by 2c
February 25, 2021 5:10 PM ESTAlexander & Baldwin (NYSE: ALEX) reported Q4 EPS of $0.01, $0.02 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $72.8 million versus the consensus estimate of $83.45 million.
Chris Benjamin, A&B president & chief executive officer stated: "We began 2020 focused on advancing our strategic agenda and are pleased by the progress made despite the obvious hurdles imposed by COVID-19. Fourth quarter 2020 results highlight continued recovery of our commercial real estate ("CRE") collections while full-year 2020 results reflect positive momentum in asset monetization and Grace Pacific performance. Our portfolio of needs-based retail, industrial and... More
