Alpine Income Property Trust Inc reports results for the quarter ended in June - Earnings Summary

Alpine Income Property Trust

20/07/2023 22:02

* Alpine Income Property Trust Inc  PINE.N  reported
quarterly
adjusted earnings of 1 cent​​ per share for the quarter ended in
June. The mean expectation of four analysts for the quarter was
for a loss of 5 cents per share.
    * Revenue rose 1.4% to $11.44 million from a year ago;
analysts
expected $11.20 million. 
    * Alpine Income Property Trust Inc's reported EPS for the
quarter
was 1 cent​.
    * The mean earnings estimate of analysts had fallen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Alpine Income Property Trust Inc shares had risen by 1.8%
this
quarter and lost 13.3% so far this year.
    * The company reported quarterly net income of $80 thousand.
    * Wall Street's median 12-month price target for Alpine
Income
Property Trust Inc is $20.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
20 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.37           0.37           Met
 Mar. 31 2023      0.37           0.36           Missed
 Dec. 31 2022      0.39           0.37           Missed
 Sep. 30 2022      0.38           0.40           Beat