Alexander & Baldwin (NYSE:ALEX) is set to issue its quarterly earnings data after the market closes on Thursday, November 1st. Parties interested in registering for the company’s conference call can do so using this link.
Alexander & Baldwin (NYSE:ALEX) last issued its quarterly earnings results on Thursday, August 2nd. The financial services provider reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.09). Alexander & Baldwin had a return on equity of 6.28% and a net margin of 58.20%. The business had revenue of $112.10 million for the quarter, compared to analyst estimates of $99.93 million. During the same quarter last year, the firm earned $0.09 earnings per share. The firm’s quarterly revenue was up 14.3% compared to the same quarter last year.
Shares of ALEX stock opened at $19.75 on Wednesday. Alexander & Baldwin has a 12 month low of $19.14 and a 12 month high of $45.62. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.77 and a quick ratio of 0.77.
In other news, Director Stanley M. Kuriyama sold 6,300 shares of the business’s stock in a transaction that occurred on Wednesday, September 5th. The stock was sold at an average price of $22.96, for a total transaction of $144,648.00. Following the sale, the director now directly owns 368,639 shares in the company, valued at $8,463,951.44. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last 90 days, insiders have sold 18,901 shares of company stock worth $429,179. 6.70% of the stock is currently owned by company insiders.
Alexander & Baldwin Company Profile
Alexander & Baldwin, Inc is Hawai`i's premier commercial real estate company and the state's foremost owner of grocery-anchored retail centers. With a portfolio of approximately 87,000 acres in Hawai`i, A&B is the state's fourth largest private landowner. A&B is a fully integrated real estate investment trust and owns, operates and manages 3.3 million square feet of primarily retail and industrial space in Hawai`i.
Further Reading: Cost of Debt
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