On Thursday 24th October 2024, CTO Realty Growth (NYSE: CTO) will be releasing its third quarter financial results. This much awaited announcement will be made after market close.
the company is expected to report an estimated per share $0.05 loss for the quarter, as predicted by financial analysts on Wall Street. Furthermore, the company is anticipated to disclose a total revenue of $29.87 million during this period.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $118.45 million. Moreover, they anticipate the company to disclose profit of $0.02 per share for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.48. This figure was a result of the company's total revenue, which reached an impressive $28.47 million million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.48 | 0% | 28.85 M | +10.7% |
| Q1 2024 | $0.52 | +20.9% | 28.13 M | +13.8% |
| Q4 2023 | $0.52 | +40.5% | 29.89 M | +32.6% |
| Q3 2023 | $0.48 | -2.0% | 28.47 M | +23.2% |
| Q2 2023 | $0.48 | -67.6% | 26.05 M | +33.8% |
| *Growth on year-over-year basis | ||||
CTO will host a conference call with investment community on 25th October 2024 at 09:00 AM eastern time to discuss the financial results.
CTO Realty Growth (CTO) experienced a trading range of $19.24 to $19.47, along with a total volume of 203.50 thousand shares during the day. The stock concluded Tuesday's regular trading session at $19.35, indicating decrease of 0.57 percent.
