Analysts See $0.22 EPS for Consolidated-Tomoka Land Co. (CTO)

September 17, 2017 - By Richard Conner

 Analysts See $0.22 EPS for Consolidated Tomoka Land Co. (CTO)

Wall Street await Consolidated-Tomoka Land Co. (NYSEMKT:CTO) to release earnings on October, 18. Analysts forecast earnings per share of $0.22, down exactly $1.22 or 84.72 % from 2014’s $1.44 EPS. The expected CTO’s profit could reach $1.24M giving the stock 64.56 P/E in the case that $0.22 earnings per share is reported. After posting $0.67 EPS for the previous quarter, Consolidated-Tomoka Land Co.’s analysts now forecast -67.16 % negative EPS growth. The stock increased 1.30% or $0.73 on September 15, reaching $56.81. About 14,745 shares traded or 71.77% up from the average. Consolidated-Tomoka Land Co. (NYSEMKT:CTO) has risen 11.69% since September 17, 2016 and is uptrending. It has underperformed by 5.01% the S&P500.

Consolidated-Tomoka Land Co. is a real estate operating company. The company has market cap of $319.76 million. As of December 31, 2016, the Company owned and managed 31 commercial real estate properties in 10 states in the United States. It has a 10.77 P/E ratio. The Company’s divisions include Income Properties, Commercial Loan Investments, Real Estate Operations, Golf Operations, and Agriculture and Other.

More notable recent Consolidated-Tomoka Land Co. (NYSEMKT:CTO) news were published by: Finance.Yahoo.com which released: “Consolidated-Tomoka Land Co. Announces New $2.7 Million Land Contract with …” on April 17, 2017, also Seekingalpha.com with their article: “Consolidated-Tomoka Land’s (CTO) CEO John Albright on Q2 2017 Results …” published on July 20, 2017, Seekingalpha.com published: “Wintergreen sues Consolidated-Tomoka” on February 21, 2017. More interesting news about Consolidated-Tomoka Land Co. (NYSEMKT:CTO) were released by: Businesswire.com and their article: “Consolidated Tomoka Files Definitive Proxy Materials and Mails Letter to …” published on March 21, 2017 as well as Businesswire.com‘s news article titled: “Consolidated-Tomoka Land Co. Reports Second Quarter 2017 Earnings of $0.67 Per …” with publication date: July 19, 2017.

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