LTC Properties showed strong growth and strategic expansion in their SHOP portfolio, improved financial performance, and maintained a solid liquidity position. However, they faced minor challenges with decreased interest income and higher administrative costs.

Company Guidance -

Q3 2025

During the LTC Properties second quarter 2025 earnings call, management provided updated guidance, increasing their investment target to $400 million for the year, up from a previously projected $300 million. This new guidance aims to more than double the size of their existing SHOP portfolio, expanding the number of SHOP operators to five, including three new partnerships. Financial metrics highlighted include a core FFO increase to $0.68 per share from $0.67 and a core FAD improvement to $0.71 from $0.66. The company's liquidity stands at $674 million, with recent financial maneuvers including a new 4-year unsecured credit agreement and the rolling of $250 million in term loans into the revolver. The adjusted debt to annualized EBITDA ratio is 4.2x, and the adjusted fixed charge coverage ratio is 5.1x. Additionally, LTC entered into a 5-year mortgage loan at an 8.5% fixed interest rate, contributing to the nearly $80 million in investments made so far in 2025, with an additional $320 million expected to close soon.

Increased Investment Pipeline

LTC increased its investment pipeline to $400 million for 2025, more than doubling the existing SHOP portfolio and expanding SHOP operators to five, including three new relationships.

Financial Performance Improvements

Core FFO improved to $0.68 from $0.67, and Core FAD improved by $0.05 to $0.71 versus $0.66, driven by decreased interest expense and increased SHOP NOI.

Strong Liquidity Position

Entered a new 4-year unsecured credit agreement, increasing revolver commitments from $425 million to $600 million, with potential to increase loan commitments up to $1.2 billion.

Strategic Asset Sales

Under contract to sell seven skilled nursing centers for a net proceeds of about $120 million against a gross book value of $72 million, expecting a gain of approximately $80 million.

SHOP Portfolio Growth

Acquired a 67-unit assisted living and memory care community with a $35 million investment at a 7% yield, and originated a $42 million mortgage loan with a fixed rate of 8.5%.

Guidance Increase

Full year 2025 Core FFO guidance range increased by $0.02 to $2.67 and $2.71.

LTC Properties (LTC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LTC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	0.48 / -	0.66	―	―	―
Aug 04, 2025	2025 (Q2)	0.45 / 0.32	0.44	-27.27% (-0.12)
May 05, 2025	2025 (Q1)	0.46 / 0.45	0.56	-19.64% (-0.11)
Feb 24, 2025	2024 (Q4)	0.49 / 0.39	0.67	-41.79% (-0.28)
Oct 28, 2024	2024 (Q3)	0.52 / 0.66	0.54	22.22% (+0.12)
Jul 29, 2024	2024 (Q2)	0.45 / 0.44	0.15	193.33% (+0.29)
Apr 29, 2024	2024 (Q1)	0.52 / 0.56	0.8	-30.00% (-0.24)
Feb 15, 2024	2023 (Q4)	0.47 / 0.67	0.44	52.27% (+0.23)
Oct 26, 2023	2023 (Q3)	0.46 / 0.54	0.32	68.75% (+0.22)
Jul 27, 2023	2023 (Q2)	0.42 / 0.15	1.36	-88.97% (-1.21)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

LTC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$34.56	$34.96	+1.16%
May 05, 2025	$33.85	$35.03	+3.49%
Feb 24, 2025	$33.76	$33.50	-0.77%
Oct 28, 2024	$34.06	$36.09	+5.96%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does LTC Properties (LTC) report earnings?

LTC Properties (LTC) is schdueled to report earning on Oct 23, 2025, After Close (Confirmed).

What is LTC Properties (LTC) earnings time?

LTC Properties (LTC) earnings time is at Oct 23, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is LTC EPS forecast?

LTC EPS forecast for the fiscal quarter 2025 (Q3) is 0.49.

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