LTC Properties Inc expected to post earnings of 53 cents a share - Earnings Preview

LTC Properties

26/04/2024 21:47

* LTC Properties Inc  LTC.N   LTC  is expected to show a
rise in
quarterly revenue when it reports  results on April 29 for the
period ending March 31 2024
    * The Westlake Village California-based  company is expected
to
report a 2.9% increase in revenue to $50.951 million from $49.5
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for LTC Properties Inc is
for
earnings of 53 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 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.2%
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 $32.18. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.69        0.68       0.57      Missed  -16.6
 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.        0.70        0.70       0.72      Beat    3.1
 31 2022                                                
 Sep. 30 2022  0.64        0.65       0.60      Missed  -7.3​
 Jun. 30 2022  0.62        0.62       0.62      Met     0.5
 Mar. 31 2022  0.59        0.59       0.60      Beat    1.4
 This summary was machine generated April 26 at 20:47 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)