LTC Properties (LTC) Tops Q4 EPS by 15c
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LTC Properties (NYSE: LTC) reported Q4 EPS of $0.77, $0.15 better than the analyst estimate of $0.62.
Funds from Operations was $32.1 million for the 2018 fourth quarter, compared with $30.4 million for the comparable 2017 period. FFO per diluted common share was $0.81 and $0.77 for the quarters ended December 31, 2018 and 2017, respectively. Excluding the $3.1 million non-recurring income in the fourth quarter of 2018, FFO decreased $1.4 million compared with the fourth quarter of 2017 due to the non-payment of December rent by Senior Care.
For earnings history and earnings-related data on LTC Properties (LTC) click here.
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