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

LTC Properties

27/10/2022 22:47

* LTC Properties Inc  LTC.N  reported quarterly adjusted
earnings
of 32 cents​​ per share for the quarter ended in September. The
mean expectation of five analysts for the quarter was
for earnings of 41 cents per share.
    * Revenue rose 7.7% to $31.59 million from a year ago;
analysts
expected $31.28 million. 
    * LTC Properties Inc's reported EPS for the quarter was 32
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * LTC Properties Inc shares had risen by 4.6% this
quarter and
gained 14.8% so far this year.
    * The company reported quarterly net income of $13.16
million.
    * Wall Street's median 12-month price target for LTC
Properties
Inc is $41.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
27 at 09:47 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.65           0.60           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