LTC Properties Inc expected to post earnings of 49 cents a share - Earnings Preview

LTC Properties

21/02/2025 21:53

* LTC Properties Inc  LTC.N   LTC  is expected to show a
fall in
quarterly revenue when it reports  results on February 24 for
the period ending December 31 2024
    * The Westlake Village California-based  company is expected
to
report a 0.2% decrease in revenue to $50.074 million from $50.2
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for LTC Properties Inc is
for
earnings of 49 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"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 $37.00​, above​ its last closing price of $34.61. ​​​

The company's guidance on October 29 2024 for the period ended
December 31 was for Funds Flow from Operations between USD0.65
and USD0.66.
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 2024  0.71        0.70       0.68      Missed  -3.2
 Jun. 30 2024  0.66        0.66       0.65      Missed  -1.8
 Mar. 31 2024  0.66        0.66       0.69      Beat    4.6​
 Dec. 31 2023  0.69        0.68       0.57      Missed  -16.6
 ​​Sep.        0.64        0.64       0.65      Beat    1.6
 30 2023                                                
 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
 This summary was machine generated February 21 at 21:53 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)