CTO Realty Growth Inc reports results for the quarter ended December 31 - Earnings Summary

• CTO Realty Growth Inc CTO.N reported a quarterly adjusted loss of 56 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 25 cents. The mean expectation of four analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from -1 cents to 3 cents per share.

• Revenue rose 19.6% to $35.74 million from a year ago; analysts expected $33.38 million.

• CTO Realty Growth Inc's reported EPS for the quarter was a loss of 56 cents​.

• The company reported a quarterly loss of $17.1 million.

• CTO Realty Growth Inc shares had risen by 2.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the commercial reits peer group is also "buy"

Wall Street's median 12-month price target for CTO Realty Growth Inc is $22.75

This summary was machine generated from LSEG data February 20 at 10:56 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)