Alpine Income Property Trust swung to profitability on a commercial lending boom, posting EPS of $0.16 against estimates of $0.14 while revenue of $20M topped expectations, then sweetened the deal with a 6.7% dividend hike and raised full-year guidance.
Alpine Income Property Trust :
PINE
PINE
Stock Data
$20.53
$0.35 (1.68%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
REAL ESTATE
Industry
REIT - RETAIL
Alpine Income Property Trust Inc, originally known as Pendragon PLC, is a UK-based company with a focus on the automotive retail sector. It operates across three main segments: UK Motor, Software, and Leasing. The company offers a wide range of services including the sale and servicing of vehicles, licensing of software as a service (SaaS) for automotive businesses globally, and fleet and contract hire services. It also runs carstore.com, an online used car marketplace, and provides cloud-based dealer management systems, among other automotive-related services.
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