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

CTO Realty Growth

27/07/2022 03:04

* CTO Realty Growth Inc  CTO.N   CTO  is expected to show a
rise
in quarterly revenue when it reports  results on July 28. 
    * The Daytona Beach Florida-based  company is expected to
report 
a 22.7% increase in revenue to $17.52 million from $14.28
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CTO Realty Growth
Inc is
for earnings of 2 cents per share. For the same quarter last
year, the company reported earnings of 70 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 $24​, above​ its last closing price of $21.25. ​​​
    * 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 2022  0.36        0.36       0.44      Beat    22.9
 Dec. 31 2022  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
 ​​Mar.        0.33        0.34       0.30      Missed  -12.2
 31 2021                                                
 Dec. 31 2020  0.38        0.35       0.70      Beat    101.1​
 Sep. 30 2020              0.34                         
 Jun. 30 2020                                           
 This summary was machine generated July 27 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated