LTC Properties Reports 8% Rise In Q2 Profit

(RTTNews) - LTC Properties (LTC) revealed earnings for its second quarter that rose from last year.

The company said its bottom line rose to $31.41 million, or $0.79 per share. This was higher than $29.18 million, or $0.77 per share, in last year's second quarter.

The company said revenue for the quarter rose 6.2% to $42.47 million. This was up from $40.00 million last year.

LTC Properties earnings at a glance:

-Earnings (Q2): $31.41 Mln. vs. $29.18 Mln. last year. -Earnings Growth (Y-o-Y): 7.6% -EPS (Q2): $0.79 vs. $0.77 last year. -EPS Growth (Y-o-Y): 2.6% -Revenue (Q2): $42.47 Mln vs. $40.00 Mln last year. -Revenue Change (Y-o-Y): 6.2%