NYSE$ALEX
Alexander & Baldwin Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Alexander & Baldwin reported mixed financial results for Q4 2024, with increased net income and operating profit, but some KPIs showing slight declines compared to the previous year.
Alexander & Baldwin, Inc. reported net income available to A&B common shareholders of $12.4 million and Commercial Real Estate (CRE) operating profit of $22.0 million for the fourth quarter of 2024. The company saw healthy occupancy and strong leasing spreads, with a focus on continued organic and external growth opportunities.
- Net income available to A&B common shareholders was $12.4 million, or $0.17 per diluted share.
- Commercial Real Estate operating profit reached $22.0 million.
- Funds From Operations (FFO) was $22.0 million, or $0.30 per diluted share.
- Leased occupancy stood at 94.6% as of December 31, 2024.
Headline financials
Revenue & EPS history
Alexander & Baldwin · Revenue · Quarterly
$62.5M
Revenue by segment
Alexander & Baldwin · $52.5M total across 2 segments · Q3 2023
- Commercial Real Estate$48.2M+4.3%91.8%
- Land Operations$4.3M+48.3%8.2%
Forward guidance
For the full-year 2025, Alexander & Baldwin expects diluted EPS to be between $0.64 and $0.71, FFO per diluted share between $1.13 and $1.20, and CRE Same-Store NOI growth between 2.4% and 3.2%.
Tailwinds
- Expected FFO per diluted share of $1.13 to $1.20.
- Anticipated CRE Same-Store NOI growth of 2.4% to 3.2%.
- FFO per share related to CRE and Corporate expected to be $1.11 to $1.16.
- Continued focus on organic and external growth opportunities.
- Healthy occupancy and strong leasing volumes trending well.
Headwinds
- Net Income (Loss) available to A&B common shareholders per diluted share expected to decrease to $0.64 to $0.71 from $0.83 in 2024.
- Guidance relies on assumptions that may not materialize.
- Uncertainty regarding occupancy changes and new/renewal lease terms.
- Potential impact of nonrecurring/unplanned income or expense items.
- Future financial results could be significantly impacted by factors beyond the company's control.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 8 quarterly earnings reports · overlaid with Q4 2024
-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
| Quarter | Report date | Reaction (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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