Investing.com - LTC Properties reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
LTC Properties announced earnings per share of $0.60 on revenue of $43.50. Analysts polled by Investing.com anticipated EPS of $0.46 on revenue of $30.3M (NYSE:MMM).
LTC Properties shares are down 18% from the beginning of the year and are trading at $40.00 , down-from-52-week-high.
LTC Properties shares gained 1.73% in after-hours trade the report.
LTC Properties follows other major Real Estate sector earnings this month
LTC Properties's report follows an earnings beat by American Tower on Thursday, who reported EPS of $1.8 on revenue of $2.67B, compared to forecasts EPS of $1.13 on revenue of $2.65B.
Prologis had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.36 on revenue of $1.75B, compared to forecast for EPS of $1.34 on revenue of $1.2B.
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