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Alexander & Baldwin, Inc.  (ALEX)
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    Sector  Services    Industry Real Estate Operations
   Industry Real Estate Operations
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EARNINGS REPORT by CSIMarket

Company Fail to Break-even Despite Surge in Sales

Alexander & Baldwin, Inc announced forth quarter 2018 operating income of $140.2 millions

Khozam_By_BandarSar_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsAlexander & Baldwin, Inc announced very strong Sales growth of 144.17 % year on year to $300 millions in the forth quarter 2018, but slipped into loss at $-1.90.

Compare to previous quarter eps fell from $0.20 per share and Sales doubled by 150.92 % from $119 millions.

For the forth quarter 2018 Alexander & Baldwin, Inc logged net loss of $-136 million, instead of net income of $212 millions achieved in the same quarter a year before.

Alexander & Baldwin, Inc reported net loss of $-70 millions and Sales of $644 millions for the fiscal year 2018.

Real Estate Operations company said its eps were at $-1.02 compare to $4.34 in the previous fiscal year, while Sales surged by 51.45 % from $426 millions a year ago.


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Company Fail to Break-even Despite Surge in Sales

Alexander & Baldwin, Inc announced very strong Sales growth of 144.17 % year on year to $300 millions in the forth quarter 2018, but slipped into loss at $-1.90.

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The forth quarter earnings vanished, due to hefty $4.11 million tax charge, resulting in $-0.06 loss per share

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Economy gains 304,000 jobs, but the unemployment rate climbs to 4.0 %

The nonfarm payrolls grew 304,000 in January, as faster hiring puts more money in the hands of consumers, what usually leads to an increase in spending, as the hiring in the private sector accelerates and the public sector creates new jobs.

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December housing starts fell by -14.2 %

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Loss Despite Sales Growth

In the forth quarter Key Energy Services Inc losses widen of $-1.14 per share compare to $-1.11 a year ago and improved from $-1.18 per share from the previous quarter.

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Other ALEX's Earnings Reports

Alexander & Baldwin reported third quarter 2018 earnings

Alexander & Baldwin reported second quarter 2018 earnings

Alexander & Baldwin reported first quarter 2018 earnings

             
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