Alexander & Baldwin Swings To Profit - Quick Facts

(RTTNews) - Alexander & Baldwin Inc. (ALEX) Thursday reported second-quarter net income of $5 million or $0.11 per share, compared to a net loss of $4.4 million or $0.10 per share last year.

Excluding items, adjusted earnings for the quarter were $6.5 million or $0.15 per share, compared to adjusted earnings of $5.5 million or $0.13 per share a year ago.

Revenues for the quarter were $71 million, compared to $72 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.08 per share on revenues of $63.61 million for the quarter. Analysts' estimates typically exclude special items.