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

LTC Properties

05/05/2025 23:33

LTC Properties Inc LTC.N reported quarterly adjusted earnings of 45 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 56 cents.  The mean expectation of five analysts for the quarter was for earnings of 46 cents per share. Wall Street expected results to range from 45 cents to 46 cents per share.

Revenue fell 4.5% to $49.03 million from a year ago; analysts expected $32.64 million.

LTC Properties Inc's reported EPS for the quarter was 45 cents​.

The company reported quarterly net income of $20.52 million.

LTC Properties Inc shares had fallen by 0.6% this quarter and gained 2.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 3.2% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

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 $36.00

This summary was machine generated from LSEG data May 5 at 10:33 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
Mar. 31 2025
0.65
0.65
Met
Dec. 31 2024
0.66
0.72
Beat
Sep. 30 2024
0.70
0.68
Missed
Jun. 30 2024
0.66
0.65
Missed