CTO Realty Growth Inc expected to post a loss of 3 cents a share - Earnings Preview

CTO Realty Growth

23/10/2024 04:56

* CTO Realty Growth Inc  CTO.N   CTO  is expected to show a
rise
in quarterly revenue when it reports  results on October 24 for
the period ending September 30 2024
    * The Winter Park Florida-based  company is expected to
report a
5.8% increase in revenue to $30.116 million from $28.47 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for CTO Realty Growth Inc is
for a
loss of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"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 $22.00​, above​ its last closing price of $19.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.40        0.39       0.45      Beat    14.8
 Mar. 31 0001  0.40        0.39       0.48      Beat    22
 Jan. 1 0001   0.33        0.34       0.48      Beat    43.3​
 Sep. 30 2023  0.35        0.37       0.47      Beat    37.4
 ​​Jun.        0.37        0.37       0.43      Beat    17.3
 30 2023                                                
 Jan. 1 0001   0.36        0.37       0.39      Beat    6.4​
 Dec. 31 2022  0.37        0.37       0.34      Missed  -7
 Jan. 1 0001   0.37        0.37       0.47      Beat    26.1
 This summary was machine generated October 23 at 03:56 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)