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First quarter profit up at LTC Properties

By   /  Monday, May 8th, 2017  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on First quarter profit up at LTC Properties

Westlake Village-based LTC Properties on May 8 reported $21.4 million in profit for the first quarter of 2017, or 54 cents per diluted share, up from $19.8 million, or 53 cents per diluted share, during the first quarter of 2016. LTC Properties is a real estate investment trust that buys facilities such as nursing homes. Read More →

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Latest

LTC Properties beats analyst projections

By   /  Monday, February 22nd, 2016  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on LTC Properties beats analyst projections

Westlake Village-based LTC Properties beat analyst projections of rental revenue and funds from operations per share in its fourth quarter earnings report. LTC is a real estate investment trust that buys facilities such as nursing homes. Investors in such companies often use funds from operations as a substitute for earnings per share because it takes depreciation Read More →

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