LTC Properties Inc expected to post earnings of 38  cents a share - Earnings Preview

LTC Properties

27/04/2022 02:21

* LTC Properties Inc  LTC.N   LTC  is expected to show a
fall in
quarterly revenue when it reports  results on April 28. 
    * The Westlake Village California-based  company is expected
to
report  a 3.7% decrease in revenue to $30.801 million from
$31.97 million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for LTC Properties Inc
is for
earnings of 38 cents per share. For the same quarter last year,
the company reported earnings of 35 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and 2 "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 LTC
Properties
Inc is $37​, above​ its last closing price of $34.34. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.57        0.57       0.56      Missed  -1.3
 Sep. 30 2021  0.53        0.56       0.45      Missed  -19
 Jun. 30 2021  0.63        0.64       0.57      Missed  -11.3​
 Mar. 31 2021  0.68        0.69       0.62      Missed  -10.5
 ​​Dec.        0.71        0.71       0.78      Beat    9.5
 31 2020                                                
 Sep. 30 2020  0.71        0.72       0.58      Missed  -19.2​
 Jun. 30 2020  0.73        0.73       0.31      Missed  -57.4
 Mar. 31 2020  0.74        0.74       0.74      Met     -0.6
 This summary was machine generated April 27 at 01:21 GMT.  All
figures in US dollars  unless otherwise stated