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Compared to Estimates, Alpine Income (PINE) Q2 Earnings: A Look at Key Metrics
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Alpine Income (PINE - Free Report) reported $12.49 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 9.2%. EPS of $0.43 for the same period compares to $0.01 a year ago.
The reported revenue represents a surprise of +3.22% over the Zacks Consensus Estimate of $12.1 million. With the consensus EPS estimate being $0.39, the EPS surprise was +10.26%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Alpine Income performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Interest Income from Commercial Loans and Investments: $0.99 million versus the two-analyst average estimate of $0.85 million.
Revenues- Other Revenue: $0.17 million versus the two-analyst average estimate of $0.06 million.
Earnings per share- Diluted: $0.01 compared to the -$0.06 average estimate based on two analysts.
Shares of Alpine Income have returned +9.7% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Compared to Estimates, Alpine Income (PINE) Q2 Earnings: A Look at Key Metrics
Alpine Income (PINE - Free Report) reported $12.49 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 9.2%. EPS of $0.43 for the same period compares to $0.01 a year ago.
The reported revenue represents a surprise of +3.22% over the Zacks Consensus Estimate of $12.1 million. With the consensus EPS estimate being $0.39, the EPS surprise was +10.26%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Alpine Income performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Interest Income from Commercial Loans and Investments: $0.99 million versus the two-analyst average estimate of $0.85 million.
- Revenues- Other Revenue: $0.17 million versus the two-analyst average estimate of $0.06 million.
- Earnings per share- Diluted: $0.01 compared to the -$0.06 average estimate based on two analysts.
View all Key Company Metrics for Alpine Income here>>>Shares of Alpine Income have returned +9.7% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.