Alpine Income Property Trust, Inc. (NYSE:PINE) Q4 2024 Earnings Conference Call February 7, 2025 9:00 AM ET
Company Participants
John Albright – President, Chief Executive Officer, Director
Philip Mays – Senior Vice President, Chief Financial Officer, Treasurer
Conference Call Participants
Kathryn Graves – UBS
Gaurav Mehta – Alliance Global Partners
Robert Stevenson – Janney Montgomery Scott
Matthew Erdner – Jones Trading
Alex Fagan – Baird
John Massocca – B. Riley Securities
Craig Kucera – Lucid Capital Markets
Operator
Good day, and thank you for standing by. Welcome to the Alpine Q4 Year-End 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker’s presentation there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded.
I would now like to hand the conference over to your speaker today, CFO, Philip Mays. Please proceed.
Philip Mays
Thank you. And I would like to remind everyone that many of our comments today are considered forward-looking statements under Federal Securities Law. The company’s actual future results may differ significantly from the matters discussed in these forward-looking statements, and we undertake no duty to update these statements.
Factors and risks that could cause actual results to differ materially from expectations are disclosed from time-to-time in greater detail in the company’s Form 10-K, Form 10-Q and other SEC filings. You can find our SEC reports, earnings release and most recent investor presentation, which contains reconciliations of the non-GAAP financial measures we use on our website at www.alpinereit.com.
With that, I will turn the call over to John.
John Albright
Thanks, Phil. The fourth quarter was a strong finish to an excellent 2024 for Pine as we executed successfully on all areas of the business plan.
Starting with earnings, we achieved AFFO of $1.74 per diluted
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