Alpine Income Property Trust Inc reports results for the quarter ended March 31 - Earnings Summary

• Alpine Income Property Trust Inc PINE.N reported a quarterly adjusted loss of 8 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of five analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -2 cents to 2 cents per share.

• Revenue rose 14% to $14.21 million from a year ago; analysts expected $13.71 million.

• Alpine Income Property Trust Inc's reported EPS for the quarter was a loss of 8 cents​.

• The company reported a quarterly loss of $1.18 million.

• Alpine Income Property Trust Inc shares had fallen by 2.3% this quarter and lost 2.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is also "buy"

• Wall Street's median 12-month price target for Alpine Income Property Trust Inc is $19.00

This summary was machine generated from LSEG data April 24 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)