LTC Properties (LTC) Misses Q1 EPS by 3c
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LTC Reports 2019 First Quarter Results and Discusses Recent Investment Activity
May 9, 2019 4:30 PM EDTWESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for its first quarter ended March31,2019.
Net income available to common stockholders was $20.3million, or $0.51 per diluted share, for both quarters ended March 31, 2019 and 2018. Funds from Operations (FFO) was $29.9million for the 2019 first quarter, compared with $29.7million for the comparable 2018 period. FFO per diluted common share was $0.75 for both quarters ended March 31, 2019 and 2018.
During the quarter we received $1.4 million of deferred rent from... More
