Published on 28 Apr 2022 on Zacks via Yahoo Finance
LTC Properties (LTC) Q1 FFO Lag Estimates
LTC Properties (LTC) came out with quarterly funds from operations (FFO) of $0.60 per share, missing the Zacks Consensus Estimate of $0.62 per share. This compares to FFO of $0.62 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of -3.23%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.57 per share when it actually produced FFO of $0.56, delivering a surprise of -1.75%.
Over the last four quarters, the company has not been able to surpass consensus FFO estimates.