NYSE$PINE

Alpine Income Property Trust Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Operating results for the fourth quarter and full year 2022 were reported.

Alpine Income Property Trust reported a net income of $4,862,000 or $0.34 per diluted share for the fourth quarter of 2022. The company acquired seven retail net lease properties for $41.7 million and sold five net lease properties for $31.4 million during the quarter. Investment grade-rated tenant exposure increased to 54%.

  • Net Income per diluted share attributable to the Company of $0.34
  • FFO per diluted share of $0.37
  • AFFO per diluted share of $0.41
  • Acquired seven retail net lease properties for $41.7 million

Headline financials

Total Revenue

$11.6M

Previous: $9.47M+22.4%
EPS (adj)

$0.37

Previous: $0.42-11.9%
Net Income

$5.53M

Previous: $9.55M-42.1%
Operating Income

$8.72M

Previous: $11M-20.4%
Gross Profit

$10.4M

Previous: $8.19M+26.5%
Cash & Equivalents

$9.02M

Previous: $8.85M+1.9%
Total Assets

$573M

Previous: $506M+13.4%
Stock-Based Comp

$74K

Previous: $78K-5.1%

Revenue & EPS history

Alpine Income Property Trust · Revenue · Quarterly

$11.6M

Q4 2022+22.4%vs Q4 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Alpine Income Property Trust · $30.8M total across 11 segments · Q2 2023

  • Home Improvement
    $4.96M
  • Dollar Stores
    $4.96M
  • Pharmacy
    $4.96M
  • Sporting Goods
    $4.6M
  • Home Furnishings
    $2.62M
  • Consumer Electronics
    $2.3M
  • Grocery
    $1.99M
  • Entertainment
    $1.99M
  • Off-Price Retail
    $1.59M
  • Casual Dining
    $399K
  • Other
    $399K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

+1.4%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+0.4%

Avg return

30 days after

60%

15 / 25 earnings

Positive

+13.8%

Q1 2020

Best reaction

-12.7%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.2%-2.9%-2.8%
Q4 2025+6.3%+5.7%+5.7%
Q3 2025-0.4%+4.0%+20.0%
Q2 2025-0.4%+1.6%+0.1%
Q1 2025-4.9%-5.1%-8.5%
Q4 2024-6.4%-7.1%-4.3%
Q3 2024+3.2%+1.5%-1.5%
Q2 2024-0.8%+2.1%+2.2%
Q1 2024+2.0%+6.1%+8.6%
Q4 2023+2.0%+1.6%+3.7%
Q3 2023-12.7%-11.1%-3.1%
Q2 2023+2.2%+2.5%+2.3%
Q1 2023+1.0%-0.4%-1.8%
Q4 2022+2.1%-3.8%-17.7%
Q3 2022+2.1%+7.1%+10.4%
Q2 2022+3.2%+5.0%+1.7%
Q1 2022-0.4%-0.6%-6.5%
Q4 2021-0.3%-3.4%-1.5%
Q2 2021-0.3%-3.7%-9.8%
Q1 2021+2.1%+0.0%-0.1%
Q4 2020+8.0%+7.8%+3.4%
Q3 2020+10.1%+4.2%+7.3%
Q2 2020+3.6%+1.2%+0.9%
Q1 2020+13.8%+11.7%+8.5%
Q4 2019+0.4%+0.3%-7.7%
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro