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

Alpine Income Property Trust

20/04/2023 22:01

* Alpine Income Property Trust Inc  PINE.N  reported
quarterly
adjusted earnings of 21 cents​​ per share for the quarter ended
in March. The mean expectation of four analysts for the quarter
was for a loss of 4 cents per share.
    * Revenue rose 3.4% to $11.17 million from a year ago;
analysts
expected $11.83 million. 
    * Alpine Income Property Trust Inc's reported EPS for the
quarter
was 21 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.3%
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 fallen by 5.5%
this
quarter and lost 16.6% so far this year.
    * The company reported quarterly net income of $3.34
million.
    * Wall Street's median 12-month price target for Alpine
Income
Property Trust Inc is $22.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 20 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.37           0.36           Missed
 Dec. 31 2022      0.39           0.37           Missed
 Sep. 30 2022      0.38           0.40           Beat
 Jun. 30 2022      0.41           0.47           Beat