Alexander & Baldwin Holdings, Inc. (ALEX) Q2 FFO and Revenues Surpass Estimates

Alexander & Baldwin Holdings, Inc. (ALEX) came out with quarterly funds from operations (FFO) of $0.48 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to FFO of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +23.08%. A quarter ago, it was expected that this company would post FFO of $0.28 per share when it actually produced FFO of $0.36, delivering a surprise of +28.57%.Over the last four qu ...