secwatch.observer — SEC 8-K summary
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Issuer:     LTC PROPERTIES INC (LTC)
CIK:        0000887905
Form:       8-K
Filed at:   2024-07-29T23:59:59+00:00
Accession:  0001558370-24-010287
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LTC Q2 net income $19.2M, EPS $0.44; revenues rise to $50.1M
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- Net income available to common stockholders $19.2M vs $6.0M YoY; diluted EPS $0.44 vs $0.15.
- Total revenues $50.1M, up 3.9% from $48.2M in Q2 2023.
- NAREIT FFO $28.2M ($0.65 per share) vs $27.2M ($0.66) prior year.
- FAD increased to $29.5M from $27.9M; FFO ex non-recurring items $29.3M vs $27.2M.
- Company reported strong income growth driven by higher rental revenue and lower impairment charges.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887905/000155837024010287/0001558370-24-010287-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887905/000155837024010287/ltc-20240729x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-010287

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