On Thursday 24th October 2024, Alexander & Baldwin (NYSE: ALEX) will be releasing its third quarter financial results. This much awaited announcement will be made after market close.
the business is expected to report an estimated per share $0.21 profit for the quarter, as predicted by financial analysts on Wall Street. Furthermore, the company is anticipated to disclose a total revenue of $51.48 million during this period.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $194.9 million. At the same time, the earnings per share for the company are also anticipated to reach profit of $0.76 during the fiscal year.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.16. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $52.5 million during that specific period.
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The business has scheduled a conference call on 24th October 2024 at 05:00 PM eastern time to discuss Q3 financial results.
The previous trading day saw Alexander & Baldwin (ALEX) shares trading between $18.23 and $18.46, besides a volume of 201.60 thousand shares. The stock closed Tuesday's regular trading session at $18.30, showing 0.38 percent gain.