LTC Properties Q3 2023 FFO $0.65 Beats $0.64 Estimate, Sales $49.30M Beat $47.98M Estimate
Portfolio Pulse from totan@benzinga.com
LTC Properties reported Q3 2023 earnings of $0.65 per share, beating the analyst consensus estimate of $0.64 by 1.56%. The company also reported quarterly sales of $49.30 million, surpassing the analyst consensus estimate of $47.98 million by 2.76%. Both earnings and sales have increased compared to the same period last year.
October 26, 2023 | 8:46 pm
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POSITIVE IMPACT
LTC Properties reported better than expected Q3 2023 earnings and sales, which could positively impact the stock in the short term.
LTC Properties reported higher than expected earnings and sales for Q3 2023. This positive financial performance could increase investor confidence and demand for the stock, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100