Ltc Properties (LTC) is scheduled to report 2nd quarter earnings on 07/27/2023, after the market closes.
Regarding Q2 estimates, Wall Street analysts expect Ltc Properties to post earnings of $0.48 per share. Revenue expectations are pegged at $30.44 million. Last quarter, Ltc Properties beat earnings estimates, reporting EPS of $0.80 on estimates of $0.45. The stock fell by -2.52% the day after the last earnings release.
Year-to-date, LTC stock has risen by 3.42%.
Is Ltc Properties Stock a Buy?
Wall Street’s consensus rating for LTC stock is a Moderate Sell, with an average analyst price target of $35.40, implying upside potential of 0.11% from current levels.
LTC shares have gained about 0.20% in the past six months.
About Ltc Properties
LTC Properties, Inc. is a real estate investment trust, which engages in managing seniors housing and health care properties. Its property portfolio includes skilled nursing facilities, assisted living facilities, independent living facilities, and memory care facilities. The company was founded by Andre C. Dimitriadis on May 12, 1992 and is headquartered in Westlake Village, CA.
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