Alpine Income (PINE) Q4 FFO and Revenues Top Estimates

Core Viewpoint - Alpine Income (PINE) reported quarterly funds from operations (FFO) of $0.44 per share, exceeding the Zacks Consensus Estimate of $0.42 per share, and showing an increase from $0.37 per share a year ago [1][2] Group 1: Financial Performance - The company achieved an FFO surprise of 4.76% for the recent quarter, following a previous surprise of 12.50% when it reported $0.45 instead of the expected $0.40 [1] - Revenues for the quarter ended December 2024 were $13.79 million, surpassing the Zacks Consensus Estimate by 1.99%, and up from $11.58 million year-over-year [2] - Over the last four quarters, Alpine Income has consistently surpassed consensus FFO and revenue estimates [2] Group 2: Stock Performance and Outlook - Since the beginning of the year, Alpine Income shares have increased by approximately 3.2%, slightly outperforming the S&P 500's gain of 3.1% [3] - The future performance of the stock will largely depend on management's commentary during the earnings call and the company's FFO outlook [3][4] - The current consensus FFO estimate for the upcoming quarter is $0.44 on revenues of $13.93 million, and for the current fiscal year, it is $1.78 on revenues of $56.44 million [7] Group 3: Industry Context - The REIT and Equity Trust - Other industry, to which Alpine Income belongs, is currently ranked in the bottom 34% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Alpine Income may also be influenced by the overall outlook for the industry [8]