AI brief of an SEC Form 8-K · LTC Properties (LTC)

LTC Q1 2025 revenue fell to $49.0 million; diluted EPS $0.45 vs $0.56; issues 2025 guidance

Mixed Impact 3 of 5 earnings Written later

LTC Properties reported first-quarter 2025 results, with total revenues of $49.0 million, down from $51.4 million a year earlier, and net income available to common stockholders of $20.5 million, down from $24.1 million. The company also issued full-year 2025 guidance, including GAAP net income of $3.38 to $3.42 per share and diluted Core FFO of $2.65 to $2.69 per share, which shareholders can compare against future results.

Key points

  • Total revenues were $49.0 million versus $51.4 million, and net income available to common stockholders was $20.5 million versus $24.1 million, for the quarter ended March 31, 2025.
  • Diluted earnings per share were $0.45 versus $0.56; NAREIT diluted FFO per share was $0.65 versus $0.69; diluted Core FFO per share was $0.65 versus $0.64.
  • 2025 full-year guidance: GAAP net income of $3.38 to $3.42 per share, diluted Core FFO of $2.65 to $2.69 per share, and diluted Core FAD of $2.78 to $2.82 per share.
  • After quarter end, 12 properties under Anthem's triple-net leases were transitioned into the new SHOP portfolio, with a combined gross book value of $176.1 million.

The filing

CompanyLTC Properties (LTC)
Form8-K, current report
Filed with the SECMay 5, 2025, 4:18 PM ET
Accession number0001558370-25-006301

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 May 05, 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.