CTO Realty Growth Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

CTO Realty Growth (NYSE:CTO) Full Year 2024 Results

Key Financial Results

• Revenue: US$124.5m (up 14% from FY 2023).
• Net loss: US$8.78m (down from US$758.0k profit in FY 2023).
• US$0.35 loss per share (down from US$0.034 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

CTO Realty Growth Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the REITs industry in the US.

Performance of the American REITs industry.

The company's shares are down 7.4% from a week ago.

Risk Analysis

Be aware that CTO Realty Growth is showing 2 warning signs in our investment analysis that you should know about...

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