Loading...
•
Mar 31, 2023
Alpine Income Property Trust Q1 2023 Earnings Report
Alpine Income Property Trust reported its operating results for Q1 2023.
Key Takeaways
Alpine Income Property Trust reported a net income of $3.339 million, or $0.21 per diluted share, for the quarter ended March 31, 2023. The company sold 10 net lease properties for $56.2 million, generating gains of $4.5 million. Investment grade-rated tenant exposure increased to 58%.
Net Income per diluted share attributable to the Company was $0.21.
FFO per diluted share was $0.36, a decrease of 26.5% from the prior year period.
AFFO per diluted share was $0.36, a decrease of 25.0% from the prior year period.
Sold 10 net lease properties for $56.2 million, generating gains of $4.5 million.
Alpine Income Property Trust
Alpine Income Property Trust
Alpine Income Property Trust Revenue by Geographic Location
Revenue by Geographic Location
Florida Revenue
CapyFin.comNew Jersey Revenue
CapyFin.comNew York Revenue
CapyFin.comNorth Carolina Revenue
CapyFin.comIllinois Revenue
CapyFin.comMichigan Revenue
CapyFin.comTexas Revenue
CapyFin.comGeorgia Revenue
CapyFin.comOhio Revenue
CapyFin.comMinnesota Revenue
CapyFin.comWest Virginia Revenue
CapyFin.comKansas Revenue
CapyFin.com Forward Guidance
The Company has revised its outlook for 2023 to take into account the Company’s first quarter performance and amended expectations regarding the Company’s investment activities and forecasted capital markets transactions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income