earnings
confidence high
sentiment negative
materiality 0.55
LTC Properties amends Q4 earnings slide: rent collection corrected to 94.5% collected, 2.0% abated, 3.5% deferred
LTC PROPERTIES INC
2021-FY EPS reported
$1.41
revenue$155,322,000
- Amendment corrects error on slide 17 of supplemental package: collected rent now 94.5% ($34,089) vs previously 97.3% ($72,114).
- Abated rent revised to 2.0% ($720) from 1.0% ($720); deferred rent revised to 3.5% ($1,268) from 1.7% ($1,268).
- No other changes to supplemental package or original Form 8-K filed Feb 17, 2022.
- Correction impacts only the rent collection metrics; overall financial statements unaffected.