LTC Q4 2024 revenue $52.6M; net income down to $17.9M but FFO per share rises to $0.72

LTC PROPERTIES INC

2024-FY EPS reported $2.04 revenue$209,847,000

Q4 2024 total revenues $52.6M vs $50.2M a year ago (+4.8%).
Net income available to common stockholders $17.9M ($0.39 diluted EPS) vs $28.1M ($0.67) in Q4 2023.
NAREIT diluted FFO per share $0.72, up from $0.57; FFO excl non-recurring items $0.65 vs $0.66.
FAD per share $0.66, down from $0.72; FAD excl non-recurring $0.66 vs $0.72.
Company cites progress toward RIDEA strategy in seniors housing portfolio.

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