LTC Properties (LTC) Q1 FFO and Revenues Beat Estimates

LTC Properties (LTC) came out with quarterly funds from operations (FFO) of $0.69 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to FFO of $0.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 7.81%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.69 per share when it actually produced FFO of $0.57, delivering a surprise of -17.39%.Over the last four quar ...