LTC Properties Inc expected to post earnings of 40  cents a share - Earnings Preview

LTC Properties

27/07/2022 03:03

* LTC Properties Inc  LTC.N   LTC  is expected to show a
rise in
quarterly revenue when it reports  results on July 28. 
    * The Westlake Village California-based  company is expected
to
report  a 2.5% increase in revenue to $30.538 million from $29.8
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for LTC Properties Inc
is for
earnings of 40 cents per share. For the same quarter last year,
the company reported earnings of 46 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and 1 "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 $38​, below​ its last closing price of $39.97. ​​​
    * 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  0.59        0.59       0.60      Beat    1.4
 Dec. 31 2022  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.        0.68        0.69       0.62      Missed  -10.5
 31 2021                                                
 Dec. 31 2020  0.71        0.71       0.78      Beat    9.5​
 Sep. 30 2020  0.71        0.72       0.58      Missed  -19.2
 Jun. 30 2020  0.73        0.73       0.31      Missed  -57.4
 This summary was machine generated July 27 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated