CTO Realty Growth Inc reports results for the quarter ended in June - Earnings Summary

CTO Realty Growth

28/07/2023 05:47

* CTO Realty Growth Inc  CTO.N  reported quarterly adjusted
earnings of 3 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was for a
loss of 11 cents per share.
    * Revenue rose 33.8% to $26.05 million from a year ago;
analysts
expected $24.32 million. 
    * CTO Realty Growth Inc's reported EPS for the quarter was 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * CTO Realty Growth Inc shares had risen by 3.8% this
quarter and
lost 2.7% so far this year.
    * The company reported quarterly net income of $605
thousand.
    * Wall Street's median 12-month price target for CTO Realty
Growth
Inc is $21.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
28 at 04:47 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.38           0.48           Beat
 Mar. 31 2023      0.37           0.39           Beat
 Dec. 31 2022      0.37           0.34           Missed
 Sep. 30 2022      0.37           0.47           Beat