Alexander & Baldwin: 2Q Earnings Snapshot

Alexander & Baldwin: 2Q Earnings Snapshot

In this article:

HONOLULU (AP) _ Alexander & Baldwin (ALEX) on Thursday reported second-quarter net income of $2.5 million.

On a per-share basis, the Honolulu-based company said it had profit of 3 cents.

The real estate company posted revenue of $112.1 million in the period.

Alexander & Baldwin shares have dropped 14 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $23.85, a decrease of 44 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALEX at https://www.zacks.com/ap/ALEX

Advertisement