LTC Properties Inc expected to post earnings of 41cents a share - Earnings Preview

LTC Properties

26/10/2022 02:35

* LTC Properties Inc  LTC.N   LTC  is expected to show a
rise in
quarterly revenue when it reports  results on October 27. 
    * The Westlake Village California-based  company is expected
to
report  a 6.5% increase in revenue to $31.212 million from
$29.32 million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for LTC Properties Inc
is for
earnings of 41 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"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 $41​, above​ its last closing price of $38.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.62        0.62       0.62      Met     0.5
 Mar. 31 2022  0.59        0.59       0.60      Beat    1.4
 Dec. 31 2021  0.57        0.57       0.56      Missed  -1.3​
 Sep. 30 2021  0.53        0.56       0.45      Missed  -19
 ​​Jun.        0.63        0.64       0.57      Missed  -11.3
 30 2021                                                
 Mar. 31 2021  0.68        0.69       0.62      Missed  -10.5​
 Dec. 31 2020  0.71        0.71       0.78      Beat    9.5
 Sep. 30 2020  0.71        0.72       0.58      Missed  -19.2
 This summary was machine generated October 26 at 01:35 GMT.  All
figures in US dollars  unless otherwise stated