LTC Reports 2016 Second Quarter Results
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LTC Properties (LTC) Enters $200M Equity Distribution Agreements
August 1, 2016 4:45 PM EDTLTC Properties (NYSE: LTC) disclosed the following on Monday:
Item 1.01. Entry Into a Material Definitive Agreement
On August 1, 2016, LTC Properties, Inc. (the Company) entered into separate equity distribution agreements (the Agreements) with JMP Securities LLC, Canaccord Genuity Inc., Mizuho Securities USA Inc., Credit Agricole Securities (USA) Inc. and Cantor Fitzgerald & Co. (each, an Agent, and together, the Agents). Under the terms of the Agreements, the Company may offer and sell, from time to time, up to $200,000,000 in aggregate offering price of shares of the Companys common stock, par value $0.01 per share (the Shares), through the... More
LTC Properties (LTC) Reports In-Line Q2 FFO
August 1, 2016 4:35 PM EDTLTC Properties (NYSE: LTC) reported Q2 FFO of $0.77, in-line with the analyst estimate of $0.77. Revenue for the quarter came in at $40 million versus the consensus estimate of $33.46 million.
For earnings history and earnings-related data on LTC Properties (LTC) click here.
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