Benzinga | Jul 30, 2020 05:07PM EDT

LTC Properties Q2 FFO $0.31 Misses $0.48 Estimate, Sales $28.48M Miss $36.83M Estimate

LTC Properties (NYSE:LTC) reported quarterly earnings of $0.31 per share which missed the analyst consensus estimate of $0.48 by 35.42 percent. This is a 58.67 percent decrease over earnings of $0.75 per share from the same period last year. The company reported quarterly sales of $28.48 million which missed the analyst consensus estimate of $36.83 million by 22.67 percent. This is a 25.59 percent decrease over sales of $38.28 million the same period last year.