Alexander & Baldwin Announces Second Quarter 2020

Rhea-AI Summary

Alexander & Baldwin (NYSE:ALEX) will announce its second-quarter 2020 results on August 6, 2020, after market close. A live conference call will follow at 5:00 p.m. ET, featuring presentations on financial performance by CEO Chris Benjamin and CFO Brett Brown. Investors can access the webcast via A&B's website, where presentation slides will also be available for download post-announcement. A&B is Hawaii's leading commercial real estate firm, owning approximately 3.9 million square feet of commercial space, focusing on strengthening its local portfolio while monetizing non-core assets.

Positive

• A&B is set to present its financial performance, indicating transparency.
• The company maintains a substantial portfolio of approximately 3.9 million square feet in commercial space.
• Strategic focus on expanding and strengthening its Hawaii commercial real estate portfolio.

Negative

• None.

HONOLULU, July 27, 2020 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) will report results for the second quarter 2020 after the market closes on Thursday, August 6, 2020. In connection with this announcement, A&B will host a live webcast of its conference call with financial analysts and institutional investors on August 6, 2020 at 5:00 p.m. ET.

The webcast and call will feature a presentation on operating and financial performance, followed by questions from sell-side research analysts participating in the interactive portion of the discussion. Parties listening via the webcast will be in a "listen-only" mode.

Company participants on the call will be Chris Benjamin, president and chief executive officer, and Brett Brown, executive vice president and chief financial officer.

Access to the webcast will be via a link on the Investors page of A&B's website at www.alexanderbaldwin.com. Presentation slides will be available for download from A&B's website after the market closes on August 6, 2020.

About Alexander & Baldwin, Inc.
Alexander & Baldwin, Inc. (A&B) is Hawai'i's premier commercial real estate company and the largest owner of grocery-anchored, neighborhood shopping centers in the state. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, ten industrial assets and four office properties, as well as 154 acres of ground leases. These core assets comprise nearly 72% of A&B's total assets. A&B's non-core assets include renewable energy generation facilities, 27,000 acres of agricultural and conservation land and a vertically integrated paving business. A&B is achieving its strategic objective of becoming a Hawai'i-focused commercial real estate company by expanding and strengthening its Hawai'i CRE portfolio and monetizing non-core assets. Over its 150-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries. Learn more about A&B at www.alexanderbaldwin.com.

Contact:
A&B Investor Relations
(808) 525-8475
investorrelations@abhi.com

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/alexander--baldwin-announces-second-quarter-2020-301099902.html

SOURCE Alexander & Baldwin

FAQ

When will Alexander & Baldwin release its Q2 2020 results?

Alexander & Baldwin will report its second-quarter 2020 results on August 6, 2020, after market close.

What time is the A&B conference call on August 6, 2020?

The A&B conference call will be held at 5:00 p.m. ET on August 6, 2020.

Who will present during A&B's conference call?

CEO Chris Benjamin and CFO Brett Brown will present during A&B's conference call.

Where can I access the A&B webcast for the Q2 2020 results?

The webcast can be accessed via the Investors page on A&B's website.

What type of properties does Alexander & Baldwin own?

A&B owns approximately 3.9 million square feet of commercial space, including retail centers, industrial assets, and office properties.