Earnings To Watch: Alpine Income Property Trust Inc (PINE) Reports Q3 2024 Result

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Oct 16, 2024
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Alpine Income Property Trust Inc (PINE, Financial) is set to release its Q3 2024 earnings on Oct 17, 2024. The consensus estimate for Q3 2024 revenue is $12.03 million, and the earnings are expected to come in at -$0.03 per share. The full year 2024's revenue is expected to be $48.8 million and the earnings are expected to be $0.01 per share. More detailed estimate data can be found on the Forecast page.

Alpine Income Property Trust Inc (PINE, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Alpine Income Property Trust Inc (PINE) for the full year 2024 have declined from $49.3 million to $48.8 million, and for 2025, estimates have decreased from $51.24 million to $50.19 million. Earnings estimates for 2024 have improved from -$0.12 per share to $0.01 per share, and for 2025, estimates have increased from -$0.12 per share to -$0.02 per share.

Alpine Income Property Trust Inc (PINE, Financial) Reported History

In the previous quarter of June 30, 2024, Alpine Income Property Trust Inc's (PINE) actual revenue was $12.49 million, which beat analysts' revenue expectations of $12.27 million by 1.79%. Alpine Income Property Trust Inc's (PINE) actual earnings were $0.01 per share, which beat analysts' earnings expectations of -$0.003 per share by 433.33%. After releasing the results, Alpine Income Property Trust Inc (PINE) was up by 0.12% in one day.

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Alpine Income Property Trust Inc (PINE, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 11 analysts, the average target price for Alpine Income Property Trust Inc (PINE) is $19.16 with a high estimate of $20 and a low estimate of $18. The average target implies an upside of 11.07% from the current price of $17.25.

Based on GuruFocus estimates, the estimated GF Value for Alpine Income Property Trust Inc (PINE, Financial) in one year is $19.11, suggesting an upside of 10.78% from the current price of $17.25.

Based on the consensus recommendation from 11 brokerage firms, Alpine Income Property Trust Inc's (PINE, Financial) average brokerage recommendation is currently 1.7, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.