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LTC Reports 2024 Fourth Quarter Results

1. LTC reported Q4 2024 revenues rising from $50.2M to $52.6M. 2. Net income for common stockholders improved, indicating strong operational performance.

Earnings
-0.77%Current Return
VS
-0.5%S&P 500
$34.8702/24 04:29 PM EDTEvent Start
$34.602/25 10:47 PM EDTLatest Updated
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FAQ

Why Bullish?

The reported revenue growth and improved net income suggest enhanced operational efficiency, which typically drives positive investor sentiment. Historical earnings updates in the REIT sector have often led to modest upward price adjustments.

How important is it?

The operating results offer useful insights into LTC's performance and signal moderate improvement, making it noteworthy for investors without being a major game-changer.

Why Short Term?

Earnings releases generally prompt near-term market reactions as investors adjust their positions. Past examples in the REIT space, including similar quarterly reports, have resulted in immediate price movements.

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WELLVTRPEAK
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the fourth quarter ended December 31, 2024.                   Three Months Ended     December 31, (unaudited, amounts in thousands, except per share data)   2024   2023 Total revenues   $ 52,582   $ 50,195 Net income available to common stockholders   $ 17,9.

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