CTO Realty Growth Q3 2024 FFO $0.51 Beats $0.45 Estimate, Sales $31.805M Beat $30.116M Estimate
Portfolio Pulse from Benzinga Newsdesk
CTO Realty Growth reported Q3 2024 earnings of $0.51 per share, surpassing the $0.45 estimate, and sales of $31.805M, exceeding the $30.116M estimate. This marks a 6.25% increase in earnings and an 11.71% increase in sales compared to the same period last year.
October 24, 2024 | 8:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
CTO Realty Growth's Q3 2024 earnings and sales exceeded analyst expectations, with a 13.33% EPS beat and a 5.61% sales beat, indicating strong financial performance.
CTO Realty Growth's earnings per share and sales both exceeded analyst estimates, which is typically a positive indicator for stock performance. The significant beats in both metrics suggest strong operational performance and could lead to increased investor confidence and a potential rise in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100