Analysts estimate that Alexander & Baldwin will report an earnings per share (EPS) of $0.21.
The announcement from Alexander & Baldwin is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings Track Record
In the previous earnings release, the company beat EPS by $0.02, leading to a 6.32% increase in the share price the following trading session.
Here's a look at Alexander & Baldwin's past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
0.14
0.13
0.27
0.32
EPS Actual
0.16
0.28
0.12
0.16
Price Change %
6.0%
2.0%
-3.0%
3.0%
Tracking Alexander & Baldwin's Stock Performance
Shares of Alexander & Baldwin were trading at $18.3 as of October 22. Over the last 52-week period, shares are up 13.97%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analyst Opinions on Alexander & Baldwin
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Alexander & Baldwin.
With 2 analyst ratings, Alexander & Baldwin has a consensus rating of Buy. The average ...
