Alexander & Baldwin, Inc. Reports Second Quarter 2018 Results
Alexander & Baldwin, Inc. REIT Holding Company (ALEX)
Last alexander & baldwin, inc. reit holding company earnings: 4/30 04:05 pm
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US:NYSE Investor Relations:
imdb.com/title/tt0346491
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Source: PR Newswire
HONOLULU, Aug. 2, 2018 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced financial results for the second quarter of 2018. Chris Benjamin, A&B president & chief executive officer stated: "Strong results from our commercial real estate ("CRE") portfolio continued in the second quarter, keeping us on track to hit our full-year goals for 2018. Operating profit grew by 1.5% in the second quarter as compared to 2017, principally driven by growth in same-store NOI1 of 3.1%, which is in line with previous guidance. Leasing activity remained robust during the quarter, with spreads at 9.2%, continuing a trend that is expected to support same-store NOI growth in the second half of the year. We continue to expect full-year 2018 same-store NOI growth of 3-4%."While headline results in our non-CRE segments were modest, good progress was made toward improving Materials & Construction performance and advancing development project monet
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Earnings
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- 2/29/24 - TheStreet
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Sec Filings
- 3/12/24 - Form ARS
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- 3/12/24 - Form DEFA14A
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