Alexander & Baldwin (NYSE:ALEX – Get Free Report) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided EPS guidance of 0.990-1.080 for the period, compared to the consensus EPS estimate of 1.140. The company issued revenue guidance of -.
Alexander & Baldwin Trading Up 0.4 %
ALEX stock traded up $0.08 during midday trading on Thursday, reaching $18.35. 385,130 shares of the company’s stock traded hands, compared to its average volume of 312,446. The company has a market capitalization of $1.33 billion, a P/E ratio of 29.95 and a beta of 1.26. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.38 and a quick ratio of 0.38. Alexander & Baldwin has a fifty-two week low of $15.53 and a fifty-two week high of $19.99. The business has a 50-day moving average price of $16.92 and a two-hundred day moving average price of $16.85.
Alexander & Baldwin (NYSE:ALEX – Get Free Report) last announced its quarterly earnings results on Thursday, April 25th. The financial services provider reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.03. The firm had revenue of $61.20 million for the quarter, compared to analysts’ expectations of $51.55 million. Alexander & Baldwin had a net margin of 20.25% and a return on equity of 4.76%. During the same period in the previous year, the company posted $0.29 earnings per share. Equities research analysts forecast that Alexander & Baldwin will post 1.15 EPS for the current fiscal year.
Alexander & Baldwin Increases Dividend
Alexander & Baldwin Company Profile
Alexander & Baldwin, Inc (NYSE: ALEX) (A&B) is the only publicly-traded real estate investment trust to focus exclusively on Hawai'i commercial real estate and is the state's largest owner of grocery-anchored, neighborhood shopping centers. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, 13 industrial assets and four office properties, as well as 142.0 acres of ground lease assets.
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