Alexander & Baldwin Q3 2024 GAAP EPS $0.27 Beats $0.21 Estimate, Sales $61.944M Beat $51.483M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alexander & Baldwin reported Q3 2024 earnings of $0.27 per share, surpassing the analyst estimate of $0.21. Sales reached $61.944 million, exceeding the expected $51.483 million and marking a 17.99% increase from the previous year.
October 24, 2024 | 8:21 pm
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Alexander & Baldwin's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $0.27 and sales at $61.944 million, indicating strong performance.
The company's earnings per share and sales both exceeded analyst expectations significantly, which is likely to positively impact the stock price in the short term. The strong year-over-year sales growth further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100