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

Alpine Income Property Trust

20/10/2022 22:01

* Alpine Income Property Trust Inc  PINE.N  reported
quarterly
adjusted earnings of 72 cents​​ per share for the quarter ended
in September. The mean expectation of four analysts for the
quarter was for earnings of 19 cents per share.
    * Revenue rose 41.1% to $11.53 million from a year ago;
analysts
expected $10.63 million. 
    * Alpine Income Property Trust Inc's reported EPS for the
quarter
was 72 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Alpine Income Property Trust Inc shares had risen by 4.4%
this
quarter and lost 15.5% so far this year.
    * The company reported quarterly net income of $9.77
million.
    * Wall Street's median 12-month price target for Alpine
Income
Property Trust Inc is $21.00 
    * 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 Refinitiv data October
20 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.38           0.40           Beat
 Jun. 30 2022      0.41           0.47           Beat
 Mar. 31 2022      0.43           0.49           Beat
 Dec. 31 2021      0.37           0.42           Beat