earnings
confidence high
sentiment positive
materiality 0.70
LTC reports Q3 net loss of $20.1M on $41.5M write-off; Core FFO rises; guidance raised
LTC PROPERTIES INC
2025-Q3 EPS reported
$0.33
revenue$178,561,000
- Total revenues $69.3M, up 24% YoY from $55.8M; net loss $(0.44)/share vs net income $0.66.
- Net loss includes $41.5M non-cash write-off of straight-line interest from prepayment option granted.
- Core FFO per share $0.69 vs $0.68 YoY; FAD per share $0.77 vs $0.78.
- Closed ~85% of $460M pipeline; $290M added to SHOP; expects $70M more by year-end and $110M in Jan 2026.
- SHOP portfolio grew to ~$450M (20% of total) with avg occupancy 87%; sold 7 older skilled nursing centers.