Alexander & Baldwin Reports Quarterly Earnings, Misses Estimates

The Hawaii-focused REIT saw lower-than-expected earnings in its latest quarter.

Published on Mar. 2, 2026

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Alexander & Baldwin (NYSE:ALEX), a Hawaii-focused real estate investment trust, reported its quarterly earnings results on Friday. The company reported earnings per share of $0.05, missing the consensus estimate of $0.26 by $0.21. Alexander & Baldwin's net margin was 33.62% and it had a return on equity of 7.29%. The company's revenue for the quarter was $50.99 million, compared to analyst estimates of $49.99 million.

Why it matters

As a major real estate player in Hawaii, Alexander & Baldwin's financial performance is closely watched by investors and analysts. The company's earnings miss highlights the challenges it may be facing in the current economic environment, which could impact its ability to grow and maintain its portfolio of commercial properties across the islands.

The details

Alexander & Baldwin reported earnings per share of $0.05 for the quarter, falling short of the $0.26 per share that analysts had expected. The company's net margin was 33.62% and it had a return on equity of 7.29%. Revenue for the quarter came in at $50.99 million, slightly above the $49.99 million that was forecast.

  • Alexander & Baldwin reported its quarterly earnings results on Friday, March 1, 2026.
  • The company's previous quarterly dividend was paid on Thursday, January 8th.

The players

Alexander & Baldwin

A Hawaii-focused real estate investment trust that owns and operates commercial properties across the islands.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Alexander & Baldwin's earnings miss underscores the challenges facing real estate companies in Hawaii as they navigate economic headwinds. The company's ability to maintain its portfolio and dividend payouts will be closely watched by investors in the coming quarters.