Alpine Income Property Trust (NYSE: PINE) is set to announce its financial results for the third quarter of 2024 on Thursday 17th October 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.
The financial experts on Wall Street are predicting that the company will likely report an estimated $0.02 loss per share for the third quarter. Additionally, it is anticipated that the company will reveal a $12.03 million revenue during the quarter.
During the same quarter of the previous year, the company made public its income of $0.37 per share, which were derived from a quarterly revenue of $11.56 million.
Analysts forecasting the company's performance for this year have been made public. The estimated total revenue is about $48.8 million. They also predict that throughout the course of the fiscal year, the business will make about profit of $0.01 per share.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.43 | +16.2% | 12.49 M | +9.2% |
| Q1 2024 | $0.41 | +13.9% | 12.47 M | +11.6% |
| Q4 2023 | $0.37 | 0% | 11.58 M | -0.1% |
| Q3 2023 | $0.37 | -7.5% | 11.56 M | +0.3% |
| Q2 2023 | $0.37 | -21.3% | 11.44 M | +1.4% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 18th October 2024 at 09:00 AM eastern time, in a conference call with public.
Alpine Income Property Trust (PINE) shares experienced a range of $17.47 to $17.98 on a day volume of 91.40 thousand shares. The stock closed Wednesday's regular trading session at $17.90, reflecting a 3.77 percent advance.
