Insights Ahead: LTC Properties's Quarterly Earnings

LTC Properties (NYSE:LTC) is preparing to release its quarterly earnings on Monday, 2024-10-28. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect LTC Properties to report an earnings per share (EPS) of $0.68.

Investors in LTC Properties are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Overview of Past Earnings

During the last quarter, the company reported an EPS missed by $0.01, leading to a 6.09% drop in the share price on the subsequent day.

Here's a look at LTC Properties's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.66

0.64

0.64

EPS Actual

0.65

0.69

0.57

0.65

Price Change %

-6.0%

2.0%

-0.0%

-2.0%

Performance of LTC Properties Shares

Shares of LTC Properties were trading at $35.79 as of October 24. Over the last 52-week period, shares are up 13.71%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Insights Shared by Analysts on LTC Properties

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding LTC Properties.

Analysts have provided LTC Properties with 2 ratings, resulting in a consensus rating of Neutral. The average ...