Alpine Income Prop Trust Q3 2024 FFO $0.45 Beats $0.40 Estimate, Sales $13.480M Beat $12.028M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alpine Income Prop Trust (NYSE:PINE) reported Q3 2024 earnings of $0.45 per share, surpassing the $0.40 estimate and showing a 21.62% increase from last year. Sales reached $13.480M, beating the $12.028M estimate and marking a 16.62% increase from the previous year.
October 17, 2024 | 8:12 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Alpine Income Prop Trust reported better-than-expected Q3 2024 earnings and sales, with EPS of $0.45 beating the $0.40 estimate and sales of $13.480M surpassing the $12.028M estimate. This indicates strong financial performance and growth compared to the previous year.
The company's earnings per share and sales both exceeded analyst expectations, indicating strong financial health and growth. This positive performance is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100