Loading...
•
Sep 30, 2022
CTO Q3 2022 Earnings Report
CTO Realty Growth's operating results were reported for Q3 2022.
Key Takeaways
CTO Realty Growth reported Net Income per diluted share of $0.19, Core FFO per diluted share of $0.47, and AFFO per diluted share of $0.49, marking a 38.2% and 36.1% increase respectively, compared to the prior year period. The company acquired Madison Yards for $80.2 million and sold properties for $57.0 million, generating gains of $5.0 million.
Net Income per diluted share attributable to common stockholders was $0.19.
Core FFO per diluted share attributable to common stockholders increased 38.2% year-over-year to $0.47.
AFFO per diluted share attributable to common stockholders increased 36.1% year-over-year to $0.49.
Same-Property NOI increased by 12.0% compared to the prior year period.
Revenue by Segment
Forward Guidance
The Company increased its outlook for 2022, considering year-to-date performance and revised expectations for investment activities, capital markets transactions, and leasing activity.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...