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Alexander & Baldwin reports Q2 FFO 48c, consensus 39c

Reports Q2 revenue $51.07M, consensus $51.24M. CEO Lance Parker stated: “Our high-quality portfolio continues to perform well, and as a result, we are raising our guidance. I am equally pleased with the team’s execution of our internal growth strategy – making meaningful progress constructing our build-to-suit warehouse on Maui and signing another build-to-suit lease on Oahu in Q2.”

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