Investing.com – CTO Realty Growth (NYSE: CTO) reported Q2 earnings lower than analysts’ expectations on Wednesday, with revenue higher than forecast.
The company reported earnings per share of $-0.77 with revenue of $37.64 million. Analysts at Investing.com had previously expected an EPS of $-0.03 and revenue of $36.4 million.
CTO Realty Growth announces its revenue after the real estate companies’ revenue reports this month
On Monday, Welltower reported Q2 EPS of $0.45 with revenue of $2.55 billion, compared to a previously forecast EPS of $0.45 and expected revenue of $2.45 billion.
American Tower’s earnings fell short of analysts’ expectations on Wednesday, with Q2 EPS of $0.78 and revenue of $2.63 billion. Analysts at Investing.com had earlier projected an EPS of $1.68 with revenue of $2.59 billion.