Alexander & Baldwin Holdings, Inc. (ALEX) Q2 FFO and Revenues Top Estimates
ALEXAlexander & Baldwin(ALEX) ZACKS·2024-07-26 06:41

Alexander & Baldwin Holdings, Inc. (ALEX) came out with quarterly funds from operations (FFO) of 0.28pershare,beatingtheZacksConsensusEstimateof0.28 per share, beating the Zacks Consensus Estimate of 0.25 per share. This compares to FFO of 0.29pershareayearago.Thesefiguresareadjustedfornon−recurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof120.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 12%. A quarter ago, it was expected that this company would post FFO of 0.25 per share when it actually produced FFO of $0.35, delivering a surprise of 40%.Over the last four quarters, ...