secwatch.observer — SEC 8-K summary
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Issuer:     CTO Realty Growth, Inc. (CTO)
CIK:        0000023795
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0001558370-24-010182
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CTO Realty Growth Q2 2024 Core FFO $0.45, raises full-year guidance
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- Net loss per share $(0.03) in Q2 2024 vs income $0.03 in Q2 2023; Core FFO $0.45, up 4.7% YoY.
- AFFO per share $0.48, unchanged YoY; Same-Property NOI up 2.0% in Q2 and 4.0% in H1 2024.
- Raised 2024 Core FFO guidance to $1.81-$1.86 (midpoint +12%) and AFFO to $1.95-$2.00 (+11%).
- Completed $33.1M preferred equity offering and $4.3M ATM common offering; liquidity ~$155M.
- YTD signed 34 leases across ~183,000 sq ft; signed-not-open pipeline represents $4.7M, or 5.9% of ABR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23795/000155837024010182/0001558370-24-010182-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23795/000155837024010182/cto-20240725x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-010182

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