LTC Properties Q4 Profit, Revenues Rise
(RTTNews) - Real estate investment trust LTC Properties, Inc. (LTC) reported Thursday that net income available to common stockholders for the fourth quarter grew to $17.81 million or $0.44 per share from $12.73 million or $0.32 per share in the prior-year quarter.
NAREIT funds from operations (FFO) attributable to common stockholders increased to $29.22 million or $0.72 per share from $22.11 million or $0.56 per share in the year-ago quarter.
Excluding items, adjusted FFO was $29.22 million, compared to $22.94 million a year ago
Total revenues for the quarter increased to $47.84 million from $39.44 million in the same quarter last year.
On average, three analysts polled by Thomson Reuters expect the company to report earnings of $0.45 per share on revenues of $34.00 million for the quarter. Analysts' estimates typically exclude special items.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
LTC Properties Declares Monthly Cash Dividend Of $0.19/shr For Q2
Bay Street May Open On Weak Note
U.S. Durable Goods Orders Tumble Less Than Expected In July
FTSE 100 Modestly Lower
CAC Down Sharply On Widespread Selling
DAX Extending Recent Weakness
Sensex, Nifty Tumble On Tariff Worries
