CTO Realty Growth Inc expected to post a loss of 2 cents a share - Earnings Preview

CTO Realty Growth

30/04/2024 22:47

* CTO Realty Growth Inc  CTO.N   CTO  is expected to show a
rise
in quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Winter Park Florida-based  company is expected to
report a
21.0% increase in revenue to $29.914 million from $24.72 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for CTO Realty Growth Inc is
for a
loss of 2 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 had fallen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for CTO Realty
Growth
Inc is $19.50​, above​ its last closing price of $17.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.33        0.34       0.48      Beat    43.3
 Sep. 30 2023  0.35        0.34       0.47      Beat    37.4
 Jun. 30 2023  0.37        0.37       0.43      Beat    17.3​
 Mar. 31 2023  0.36        0.37       0.39      Beat    6.4
 ​​Dec.        0.37        0.37       0.34      Missed  -7
 31 2022                                                
 Sep. 30 2022  0.37        0.37       0.47      Beat    26.1​
 Jun. 30 2022              0.37                         
 Mar. 31 2022  0.36        0.36       0.44      Beat    22.9
 This summary was machine generated April 30 at 21:47 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)