LTC Properties Q2 net income rises 97.34% to $29.48 million; revenue climbs 64.08% to $98.86 million

Reuters2026/08/05 21:33

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LTC Properties Inc. posted Q2 net income available to common stockholders of $29.48 million, up 97.34%, as revenue climbed 64.08% to $98.86 million.
Diluted earnings per share rose 75% to $0.56, while Nareit diluted FFO per share increased 29.41% to $0.66.
SHOP portfolio reached 39 communities; Q2 core NOI totaled $13.3 million, with $171 million of acquisitions closed and $529 million expected in Q3.
Raised 2026 gross investment guidance midpoint 50% to $900 million; expects $730 million of 2026 dispositions and payoffs.
Lifted full-year diluted GAAP EPS outlook to $8.08-$8.10, while narrowed 2026 diluted Core FFO to $2.76-$2.78 and Core FAD to $2.83-$2.85.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LTC Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608051615BIZWIRE_USPR_____20260805_BW049619) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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LTC Properties Q2 net income rises 97.34% to $29.48 million; revenue climbs 64.08% to $98.86 million

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