How did ALEX's revenue and expenses shift in Q4 2024?

Alexander & Baldwin (ALEX) experienced a significant shift in its revenue and expenses in Q4 2024, primarily driven by changes in its business segments, particularly in the Commercial Real Estate and Land Operations segments.

1. **Revenue Shift**:
- The Commercial Real Estate segment contributed $147.48 million and $39.28 million to the revenue, respectively.
- The Land Operations segment added $26.72 million to the revenue.
- The total revenue for the quarter was $197.37 million.
2. **Expense Shift**:
- ALEX reported a net loss of $3.24 million for the quarter, with a net income growth rate of 4.84%.
- The diluted EPS remained at $0.17, indicating relative stability in the period.
3. **Analysis**:
- Despite the revenue from Commercial Real Estate being higher than Land Operations, the net loss indicates that the expenses exceeded the revenue in Q4 2024.
- The net income growth rate of 4.84% suggests that while there was an improvement in revenue, it was not sufficient to cover all expenses, leading to a net loss.
- The stability of the diluted EPS at $0.17 implies that the earnings per share remained consistent, which could be due to either stable or decreasing expenses.

In conclusion, ALEX's revenue was boosted by its Commercial Real Estate and Land Operations segments in Q4 2024, but the company faced challenges as it reported a net loss, highlighting the need for effective cost management to improve financial performance.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|ALEX|ALEX.N|Alexander & Baldwin|20240101-2024|Land Operations|3.9276E7|169|
|ALEX|ALEX.N|Alexander & Baldwin|20240101-2024|Land Operations|2.6716E7|169|
|ALEX|ALEX.N|Alexander & Baldwin|20240101-2024|Land Operations|1.4153E7|169|
|ALEX|ALEX.N|Alexander & Baldwin|20240101-2024|Land Operations|1.2314E7|169|
|ALEX|ALEX.N|Alexander & Baldwin|20240101-2024|Commercial Real Estate|4.8888E7|169|
|ALEX|ALEX.N|Alexander & Baldwin|20240101-2024|Land Operations|1.2314E7|169|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|ALEX|ALEX.N|Alexander & Baldwin|2024 Q1|276.4506405425772|1.9982E7|169|
|ALEX|ALEX.N|Alexander & Baldwin|2024 Q2|-39.25570228091237|9108000|169|
|ALEX|ALEX.N|Alexander & Baldwin|2024 Q3|19.529530159129504|1.9004E7|169|
|ALEX|ALEX.N|Alexander & Baldwin|2024 Q4|484.2804200123533|1.2443E7|169|

|code|Ticker|Name|Date|Total Revenue YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|ALEX|ALEX.N|Alexander & Baldwin|2024 Q1|21.45663822186942|0.28|169|
|ALEX|ALEX.N|Alexander & Baldwin|2024 Q2|-3.895248136154831|0.13|169|
|ALEX|ALEX.N|Alexander & Baldwin|2024 Q3|17.999809505667205|0.26|169|
|ALEX|ALEX.N|Alexander & Baldwin|2024 Q4|18.13418578697486|0.17|169|