Debt RefinancingAn upcoming mortgage maturity and the higher coupon on a recent debt refinancing could have a dilutive impact on Alexander & Baldwin's earnings.
Earnings GuidanceGuidance suggests 2024 should be considered a new baseline, with limited contribution from land minimizing earnings comparability to prior results.
Financial PerformanceGrowth prospects for Alexander & Baldwin remain challenged, mostly limited to organic growth with barriers on land earmarked for commercial use in Hawaii.