Alexander Baldwin Posts Q2 EPS Beat

Alexander & Baldwin (NYSE:ALEX), a major commercial real estate owner focused on Hawaii, announced its second quarter 2025 earnings on July 24, 2025. The most notable outcome was a significant GAAP earnings per share beat, with $0.35 reported versus an expected $0.33. GAAP operating revenue was slightly below expectations at $50.7 million, missing forecasts by $0.5 million. The company raised its full-year guidance for earnings and other key financial metrics. The quarter showed strong demand in leasing, robust occupancy, and continued internal growth, even as management noted continued attention to cost controls. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Alexander & Baldwin is a Hawaii-based real estate investment trust (REIT) that owns and manages a portfolio of commercial properties across retail, industrial, and office segments. Its properties are fully concentrated in Hawaii, with assets including 21 retail centers, 14 industrial properties as of December 31, 2024, four office buildings, and significant ground lease holdings. Altogether, the company manages approximately four million square feet of commercial real estate as of December 31, 2024.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool