Core Viewpoint - Alexander & Baldwin Holdings, Inc. reported quarterly funds from operations (FFO) of $0.29 per share, exceeding the Zacks Consensus Estimate of $0.28 per share, but down from $0.39 per share a year ago, indicating a mixed performance in terms of earnings [1][2]. Financial Performance - The company achieved an FFO surprise of +3.57% for the recent quarter and had previously delivered a surprise of +23.08% in the prior quarter [1][2]. - Revenues for the quarter ended September 2025 were $50.25 million, missing the Zacks Consensus Estimate by 3.18%, and down from $61.94 million year-over-year [2]. - Over the last four quarters, the company has surpassed consensus FFO estimates four times and topped consensus revenue estimates three times [2]. Stock Performance - Alexander & Baldwin Holdings shares have declined approximately 7.4% since the beginning of the year, contrasting with the S&P 500's gain of 17.2% [3]. - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6]. Future Outlook - The consensus FFO estimate for the upcoming quarter is $0.28 on revenues of $52.15 million, and for the current fiscal year, it is $1.40 on revenues of $209.5 million [7]. - The estimate revisions trend for the company was mixed ahead of the earnings release, which may influence future stock movements [5][6]. Industry Context - The REIT and Equity Trust - Other industry, to which Alexander & Baldwin Holdings belongs, is currently ranked in the top 34% of over 250 Zacks industries, suggesting a favorable industry outlook [8].
Alexander & Baldwin Holdings, Inc. (ALEX) Q3 FFO Beat Estimates