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

CTO Realty Growth

27/04/2023 22:52

* CTO Realty Growth Inc  CTO.N  reported a quarterly
adjusted loss
of 33 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss of 5
cents per share.
    * Revenue rose 43.6% to $24.72 million from a year ago;
analysts
expected $22.54 million. 
    * CTO Realty Growth Inc's reported EPS for the quarter was a
loss
of 32 cents​.
    * The mean earnings estimate of analysts had fallen by
about 14.4%
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 fallen by 3.4% this
quarter and
lost 8.8% so far this year.
    * The company reported a quarterly loss of $7.19 million.
    * 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
April 27 at 09:52 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.37           0.39           Beat
 Dec. 31 2022      0.37           0.34           Missed
 Sep. 30 2022      0.37           0.47           Beat
 Jun. 30 2022      0.37