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

LTC Properties

16/02/2023 15:17

* LTC Properties Inc  LTC.N  reported quarterly adjusted
earnings
of 44 cents​​ per share for the quarter ended in December. The
mean expectation of four analysts for the quarter was
for earnings of 45 cents per share.
    * Revenue rose 15.6% to $34.71 million from a year ago;
analysts
expected $34.01 million. 
    * LTC Properties Inc's reported EPS for the quarter was 44
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * LTC Properties Inc shares had risen by 3.2% this quarter.
    * The company reported quarterly net income of $17.81
million.
    * Wall Street's median 12-month price target for LTC
Properties
Inc is $37.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
16 at 03:17 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.70           0.72           Beat
 Sep. 30 2022      0.65           0.60           Missed
 Jun. 30 2022      0.62           0.62           Met
 Mar. 31 2022      0.59           0.60           Beat