LTC Properties Inc expected to post earnings of 47 cents a share - Earnings Preview

LTC Properties

13/02/2024 22:31

* LTC Properties Inc  LTC.N   LTC  is expected to show a
rise in
quarterly revenue when it reports  results on February 15 for
the period ending December 31 2023
    * The Westlake Village California-based  company is expected
to
report a 43.2% increase in revenue to $49.693 million from
$34.71 million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. (Revenue Consensus is on Total
Revenue Basis)
    * ​LSEG's mean analyst estimate for LTC Properties Inc is
for
earnings of 47 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 $34.00​, above​ its last closing price of $30.72. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.64        0.64       0.65      Beat    1.6
 Jun. 30 2023  0.64        0.65       0.66      Beat    2.2
 Mar. 31 2023  0.70        0.69       0.66      Missed  -4.3​
 Dec. 31 2022  0.70        0.70       0.72      Beat    3.1
 ​​Sep.        0.64        0.65       0.60      Missed  -7.3
 30 2022                                                
 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
 This summary was machine generated February 13 at 22:31 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)