Consolidated-Tomoka Land (CTO) Set to Announce Quarterly Earnings on Wednesday

Consolidated-Tomoka Land (NYSEAMERICAN:CTO) is scheduled to be announcing its earnings results after the market closes on Wednesday, July 17th. Analysts expect the company to announce earnings of $0.27 per share for the quarter. Consolidated-Tomoka Land has set its FY 2019 guidance at $6.75-7.50 EPS.

Consolidated-Tomoka Land (NYSEAMERICAN:CTO) last released its quarterly earnings data on Tuesday, April 16th. The financial services provider reported $1.24 EPS for the quarter, missing the consensus estimate of $1.25 by ($0.01). The business had revenue of $14.26 million during the quarter, compared to the consensus estimate of $11.87 million.

CTO opened at $60.12 on Friday. Consolidated-Tomoka Land has a 52 week low of $49.23 and a 52 week high of $67.01.

Separately, Zacks Investment Research lowered EXACT Sciences from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd.

In related news, CFO Mark E. Patten sold 5,000 shares of Consolidated-Tomoka Land stock in a transaction dated Monday, June 10th. The stock was sold at an average price of $59.92, for a total value of $299,600.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Casey R. Wold acquired 500 shares of the stock in a transaction that occurred on Thursday, May 9th. The stock was purchased at an average price of $59.12 per share, for a total transaction of $29,560.00. Following the completion of the acquisition, the director now owns 2,764 shares in the company, valued at approximately $163,407.68. The disclosure for this purchase can be found here.

Consolidated-Tomoka Land Company Profile

Consolidated-Tomoka Land Co, together with its subsidiaries, operates as a diversified real estate operating company in the United States. The company operates through four segments: Income Properties, Commercial Loan Investments, Real Estate Operations, and Golf Operations. It owns and manages commercial real estate properties.

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Earnings History for Consolidated-Tomoka Land (NYSEAMERICAN:CTO)

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