Reports Q3 revenue $55.78M, consensus $52.14M. “Our third quarter was positive, and we are optimistic about the future. By de-levering our balance sheet, we are building sufficient growth capital to take advantage of investment opportunities as they arise,” said Wendy Simpson, LTC‘s Chairman and Chief Executive Officer. “The seniors housing and care market continues to improve, and LTC is strategically positioned to generate accretive growth. I believe we have the right team, the right strategy, and the access to capital needed to ensure a bright future.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on LTC:
- Options Volatility and Implied Earnings Moves Today, October 28, 2024
- LTC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Ex-Dividend Date Nearing for These 10 Stocks – Week of October 21, 2024
- LTC Properties assumed with an Equal Weight at Wells Fargo
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
