LTC Properties (LTC) Misses Q2 FFO and Revenue Estimates

LTC Properties (LTC) came out with quarterly funds from operations (FFO) of $0.65 per share, missing the Zacks Consensus Estimate of $0.66 per share. This compares to FFO of $0.66 per share a year ago. These figures are adjusted for non-recurring items. LTC, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $31.66 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 6.67%. This compares to year-ago revenues of $31.54 million. The company has to ...