Consolidated-Tomoka Land (CTO) Reports Q3 EPS of $1.44
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Consolidated-Tomoka Land Co. Reports Third Quarter 2016 Earnings of $1.44 Per Share
October 19, 2016 4:47 PM EDTDAYTONA BEACH, Fla.--(BUSINESS WIRE)-- Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the Company) today announced its operating results and earnings for the quarter and nine months ended September 30, 2016.
OPERATING RESULTS
Operating results for the quarter ended September 30, 2016 (as compared to the same period in 2015):
Net income was $1.44 per share, an increase of $1.08 per share Operating income was approximately $15.9 million, an increase of approximately $10.7 million Revenue from our Operating Segments were as follows: Â Â Â Increase (Decrease) Operating SegmentRevenue forthe Quarter($000s)
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