LTC swings to Q3 loss of $20.1 million on $41.5 million write-off; raises guidance
LTC Properties reported a third-quarter 2025 net loss available to common stockholders of $20.1 million, or $0.44 per diluted share, compared with net income of $29.2 million, or $0.66 per diluted share, a year earlier. The loss reflects a $41.5 million non-cash write-off of straight-line effective interest tied to a penalty-free prepayment option granted to a borrower, while total revenues rose to $69.3 million from $55.8 million and diluted Core FFO per share was $0.69 versus $0.68. The company raised its full-year 2025 guidance, which now includes diluted earnings per share of $2.45 to $2.47.
Key points
- Q3 2025 total revenues were $69.3 million, up from $55.8 million in Q3 2024.
- Net loss available to common stockholders was $20.1 million, or $0.44 per diluted share, including a $41.5 million non-cash write-off.
- Diluted Core FFO per share was $0.69 for Q3 2025, compared with $0.68 a year earlier.
- Full-year 2025 guidance raised: diluted EPS $2.45 to $2.47 and diluted Core FFO per share $2.69 to $2.71.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.