Alexander & Baldwin(US:ALEX) ZACKSยท2025-07-24 22:26Core Viewpoint - Alexander & Baldwin Holdings, Inc. reported quarterly funds from operations (FFO) of $0.48 per share, exceeding the Zacks Consensus Estimate of $0.39 per share, and showing an increase from $0.28 per share a year ago, indicating a positive performance trend [1][2] Financial Performance - The company achieved revenues of $51.7 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.20% and up from $51.05 million year-over-year [2] - Over the last four quarters, Alexander & Baldwin Holdings has consistently exceeded consensus FFO estimates [2] Stock Performance and Outlook - The stock has gained approximately 1.2% since the beginning of the year, while the S&P 500 has increased by 8.1%, indicating underperformance relative to the broader market [3] - The future performance of the stock will largely depend on management's commentary during the earnings call and the sustainability of the recent FFO numbers [3][4] Estimate Revisions and Market Position - The current consensus FFO estimate for the upcoming quarter is $0.29 on revenues of $52 million, and for the current fiscal year, it is $1.33 on revenues of $208.15 million [7] - The estimate revisions trend prior to the earnings release was mixed, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market [6] Industry Context - The REIT and Equity Trust - Other industry, to which Alexander & Baldwin Holdings belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, which may impact the stock's performance [8]