NYSE$ALEX

Alexander & Baldwin Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Alexander & Baldwin reported results for Q4 2019, showing net income of $5.2 million and CRE revenue increase.

Alexander & Baldwin, Inc. reported positive Q4 2019 results with net income of $5.2 million. The company saw growth in its commercial real estate portfolio, with CRE revenue increasing by 18.6% to $42.0 million. Efforts to simplify the business model and reduce debt levels progressed, contributing to a stronger balance sheet.

  • Net income for Q4 2019 was $5.2 million, compared to a loss of $(136.6) million in Q4 2018.
  • CRE revenue increased by 18.6% to $42.0 million in Q4 2019.
  • CRE operating profit rose by 15.6% to $15.6 million in Q4 2019.
  • CRE Cash NOI increased by 27.4% to $27.5 million in Q4 2019.

Headline financials

Total Revenue

$108M

Previous: $300M-64.1%
EPS (adj)

$0.08

Previous: -$0.97+108.2%
CRE Same-Store NOI Growth

4.8%

No prior period
Comparable Blended Leasing Spreads

8.6%

No prior period
Total Leased Occupancy

93.9%

No prior period
Same-Store NOI

$27.5M

No prior period
Net Income

$5.2M

Previous: -$137M+103.8%
Operating Income

$18M

Previous: $90.4M-80.1%
Gross Profit

$18M

Previous: $185M-90.3%
Cash & Equivalents

$15.2M

Previous: $11.4M+33.3%
Total Assets

$2.08B

Previous: $2.23B-6.3%
Stock-Based Comp

$1.3M

Previous: $700K+85.7%

Revenue & EPS history

Alexander & Baldwin · Revenue · Quarterly

$108M

Q4 2019-64.1%vs Q4 2018
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Alexander & Baldwin · $73.7M total across 2 segments · Q4 2019

  • Commercial Real Estate
    $42M+18.6%
  • Land Operations
    $31.7M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 8 quarterly earnings reports

Historical avg

-0.0%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+1.3%

Avg return

30 days after

47%

28 / 60 earnings

Positive

+8.9%

Q4 2013

Best reaction

-14.4%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025-6.3%-5.3%-6.1%
Q2 2025+2.1%+0.5%+5.5%
Q1 2025-2.4%+2.9%+3.1%
Q4 2024+0.6%-2.5%-4.2%
Q3 2024+2.6%+3.7%+5.8%
Q2 2024+6.8%+8.4%+6.3%
Q1 2024+1.2%+2.9%+2.9%
Q4 2023-4.2%-1.9%-2.9%
Q3 2023+4.7%
Q2 2023-1.0%
Q1 2023-1.0%
Q4 2022-0.3%
Q3 2022+5.9%
Q2 2022+4.2%
Q1 2022-2.5%
Q4 2021+1.7%
Q3 2021+1.4%
Q2 2021+5.1%
Q1 2021+1.9%
Q4 2020-5.5%
Q3 2020+6.6%
Q2 2020-0.6%
Q1 2020-14.4%
Q4 2019-8.7%
Q3 2019-3.8%
Q2 2019-0.3%
Q1 2019+2.6%
Q4 2018-7.4%
Q3 2018+8.2%
Q2 2018+1.6%
Q1 2018-2.3%
Q4 2017+4.0%
Q3 2017-5.0%
Q2 2017+0.3%
Q1 2017-7.4%
Q4 2016-3.2%
Q3 2016+8.0%
Q2 2016+3.2%
Q1 2016-3.2%
Q4 2015+0.6%
Q3 2015-0.3%
Q2 2015-4.2%
Q1 2015+6.4%
Q4 2014-0.7%
Q3 2014+4.2%
Q2 2014-1.1%
Q1 2014+0.4%
Q4 2013+8.9%
Q3 2013-0.3%
Q2 2013-3.4%
Q1 2012-2.5%
Q1 2013+1.2%
Q1 2011-0.4%
Q4 2010-0.4%
Q4 2012+0.6%
Q3 2011-1.7%
Q3 2012-0.3%
Q2 2011-1.2%
Q4 2011-1.2%
Q2 2012+1.4%

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