CTO Realty Growth Inc expected to post a loss of 11 cents a share - Earnings Preview

CTO Realty Growth

26/07/2023 03:01

* CTO Realty Growth Inc  CTO.N   CTO  is expected to show a
rise
in quarterly revenue when it reports  results on July 27. 
    * The Winter Park Florida-based  company is expected to
report  a
25.0% increase in revenue to $24.324 million from $19.46 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CTO Realty Growth
Inc is
for a loss of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for CTO Realty
Growth
Inc is $21​, above​ its last closing price of $17.75. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.36        0.37       0.39      Beat    6.4
 Dec. 31 2023  0.37        0.37       0.34      Missed  -7
 Sep. 30 2022  0.37        0.37       0.47      Beat    26.1​
 Jun. 30 2022              0.37                         
 ​​Mar.        0.36        0.36       0.44      Beat    22.9
 31 2022                                                
 Dec. 31 2021  0.35        0.35       0.36      Beat    3.1​
 Sep. 30 2021  0.33        0.33       0.34      Beat    4.8
 Jun. 30 2021  0.34        0.34       0.28      Missed  -18.8
 This summary was machine generated July 26 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated