Alexander & Baldwin Q1 EPS $0.29 Beats $0.15 Estimate, Sales $53.74M Beat $50.66M Estimate

Alexander & Baldwin (NYSE:ALEX) reported quarterly earnings of $0.29 per share which beat the analyst consensus estimate of $0.15 by 93.33 percent. This is a 3.57 percent increase over earnings of $0.28 per share from the same period last year. The company reported quarterly sales of $53.74 million which beat the analyst consensus estimate of $50.66 million by 6.08 percent. This is a 12.20 percent decrease over sales of $61.21 million the same period last year.