Reports Q3 revenue $13.48M, consensus $12.08M. “We are pleased to have robust growth in earnings and investments this quarter, while continuing to selectively prune the portfolio by selling lower yielding assets and recycling the proceeds into higher yield assets,” said John P. Albright, President and Chief Executive Officer of Alpine Income Property (PINE) Trust. “Our strategy has again enabled us to raise our earnings and investment guidance for the balance of 2024 while incrementally decreasing leverage.”
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Read More on PINE:
- Alpine Income Property Trust Inc (PINE) Q3 Earnings Cheat Sheet
- Alpine Income Property initiated with a Neutral at UBS
- Alpine Income Property Trust Announces Board Resignation
- Alpine Income transaction activity ahead of guiadnce, says JonesResearch
- Alpine Income Property says Q3 total investment activity $55.3M at 9.2% yield
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