CTO Realty Growth Inc expected to post breakeven results a share - Earnings Preview

CTO Realty Growth

22/02/2023 03:04

* CTO Realty Growth Inc  CTO.N   CTO  is expected to show a
fall
in quarterly revenue when it reports  results on February 23. 
    * The Winter Park Florida-based  company is expected to
report  a
14.4% decrease in revenue to $21.132 million from $24.7 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CTO Realty Growth
Inc is
for breakeven results 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 $22​, above​ its last closing price of $18.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Dec. 31 2021  0.35        0.35       0.36      Beat    3.1
 ​​Sep.        0.33        0.33       0.34      Beat    4.8
 30 2021                                                
 Jun. 30 2021  0.34        0.34       0.28      Missed  -18.8​
 Mar. 31 2021  0.33        0.34       0.30      Missed  -12.2
 Dec. 31 2020  0.38        0.35       0.70      Beat    101.1
 This summary was machine generated February 22 at 03:03 GMT. 
All figures in US dollars  unless otherwise stated