LTC Properties Inc reports results for the quarter ended December 31 - Earnings Summary

LTC Properties

24/02/2025 23:25

* LTC Properties Inc  LTC.N  reported quarterly adjusted
earnings
of 39 cents​​ per share for the quarter ended December 31, lower
than the same quarter last year, when the company reported EPS
of 67 cents.  The mean expectation of six analysts for the
quarter was for earnings of 49 cents per share. Wall Street
expected results to range from 43 cents to 59 cents per share.
    * Revenue rose 4.8% to $52.58 million from a year ago;
analysts
expected $50.07 million. 
    * LTC Properties Inc's reported EPS for the quarter was 39
cents​.
    * The company reported quarterly net income of $17.91
million.
    * LTC Properties Inc shares had fallen by 0.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the specialized
reits
peer group is also "hold"

Wall Street's median 12-month price target for LTC Properties
Inc is $37.00 
This summary was machine generated from LSEG data February 24 at
11:25 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.66           0.72           Beat
 Sep. 30 2024      0.70           0.68           Missed
 Jun. 30 2024      0.66           0.65           Missed
 Mar. 31 2024      0.66           0.69           Beat