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

LTC Properties

29/07/2022 01:04

* LTC Properties Inc  LTC.N  reported quarterly adjusted
earnings
of $1.36​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
40 cents per share.
    * Revenue rose 44.4% to $43.02 million from a year ago;
analysts
expected $30.54 million. 
    * LTC Properties Inc's reported EPS for the quarter was
$1.36​.
    * The mean earnings estimate of analysts had risen by
about 0.7%
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 4.8% this
quarter and
gained 17.8% so far this year.
    * The company reported quarterly net income of $54.07
million.
    * Wall Street's median 12-month price target for LTC
Properties
Inc is $38.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 29
at 12:03 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.62           0.62           Met
 Mar. 31 2022      0.59           0.60           Beat
 Dec. 31 2021      0.57           0.56           Missed
 Sep. 30 2021      0.56           0.45           Missed