Alexander & Baldwin Inc (Hawaii) reports results for the quarter ended March 31 - Earnings Summary

• Alexander & Baldwin Inc (Hawaii) ALEX.N reported quarterly adjusted earnings of 29 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 28 cents. The lone analyst forecast for the quarter was for earnings of 15 cents per share.

• Revenue rose 4.4% to $51.04 million from a year ago; analysts expected $50.66 million.

• Alexander & Baldwin Inc (Hawaii)'s reported EPS for the quarter was 29 cents​.

• The company reported quarterly net income of $21.43 million.

• Alexander & Baldwin Inc (Hawaii) shares had fallen by 3.4% this quarter and lost 6.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the diversified reits peer group is also "buy"

• Wall Street's median 12-month price target for Alexander & Baldwin Inc (Hawaii) is $21.50

This summary was machine generated from LSEG data April 24 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)