Alexander & Baldwin Holdings, Inc. (ALEX) Beats Q1 FFO and Revenue Estimates

Alexander & Baldwin Holdings, Inc. (ALEX) came out with quarterly funds from operations (FFO) of $0.36 per share, beating the Zacks Consensus Estimate of$ 0.28 per share. This compares to FFO of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 28.57%. A quarter ago, it was expected that this company would post FFO of$ 0.28 per share when it actually produced FFO of $0.30, delivering a surprise of 7.14%.Over the last four quart ...