LTC Properties Inc expected to post earnings of 53 cents a share - Earnings Preview

Reuters04-27

* LTC Properties Inc is expected to show a rise in quarterly revenue when it reports results on April 29 for the period ending March 31 2024

* The Westlake Village California-based company is expected to report a 2.9% increase in revenue to $50.951 million from $49.5 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for LTC Properties Inc is for earnings of 53 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell."

* The mean earnings estimate of analysts had risen by about 1.2% in the last three months. ​

* Wall Street's median 12-month price target for LTC Properties Inc is $34.00​, above​ its last closing price of $32.18. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Dec. 31 2023 0.69 0.68 0.57 Missed -16.6

Sep. 30 2023 0.64 0.64 0.65 Beat 1.6

Jun. 30 2023 0.64 0.65 0.66 Beat 2.2​

Mar. 31 2023 0.70 0.69 0.66 Missed -4.3

​​Dec. 0.70 0.70 0.72 Beat 3.1

31 2022

Sep. 30 2022 0.64 0.65 0.60 Missed -7.3​

Jun. 30 2022 0.62 0.62 0.62 Met 0.5

Mar. 31 2022 0.59 0.59 0.60 Beat 1.4

This summary was machine generated April 26 at 20:47 GMT. 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)

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