Insights into Alexander & Baldwin's Upcoming Earnings
Portfolio Pulse from Benzinga Insights
Alexander & Baldwin (NYSE:ALEX) is set to release its quarterly earnings report on October 24, 2024, with analysts estimating an EPS of $0.21. The company previously beat EPS estimates, resulting in a share price increase. Analysts have a 'Buy' rating with a price target of $22.0, indicating a potential upside. The company's financials show strong net margin and ROE, but challenges in revenue growth.
October 23, 2024 | 9:01 pm
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Alexander & Baldwin is expected to report an EPS of $0.21. Previous earnings beats led to stock price increases. Analysts have a 'Buy' rating with a $22 price target, suggesting a 20% upside. The company's financials show strong net margin and ROE, but revenue growth challenges.
The upcoming earnings report is crucial for ALEX, with analysts expecting an EPS of $0.21. The company's history of beating estimates and the current 'Buy' rating with a $22 price target suggest positive investor sentiment. Strong financial metrics like net margin and ROE support this outlook, although revenue growth challenges may temper expectations.
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IMPORTANCE 80
RELEVANCE 100