The exciting news about LTC Properties (NYSE: LTC) will be shared on Monday 28th October 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen after market close.
Wall Street financial analysts are foreseeing that the establishment is likely to announce an estimated per share $0.70 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $52.14 million during the quarter.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $0.65 per share. This number was attributed to the company's total revenue, which settled at an impressive $49.3 million during the same period.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $201.77 million for the full year. Moreover, they anticipate the earnings per share to reach profit of $2.02 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.65 | -1.5% | 50.12 M | +58.9% |
| Q1 2024 | $0.69 | +4.5% | 33.55 M | +5.7% |
| Q4 2023 | $0.57 | -20.8% | 50.20 M | +44.6% |
| Q3 2023 | $0.65 | +8.3% | 49.30 M | +56.1% |
| Q2 2023 | $0.66 | +3.1% | 31.54 M | -0.3% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 29th October 2024 at 11:00 AM eastern time to discuss Q3 financial results.
Thursday's trading saw LTC Properties (LTC) shares hit a low of $35.70 and a high of $36.13, with a day volume of 184.20 thousand shares. The stock closed the regular trading session at $35.79, showing 0.42 percent decline.
