CTO Realty Q2 Revenue Jumps 31%
CTO Realty Growth (NYSE:CTO), a real estate investment trust focused on high-growth U.S. markets, released its earnings results on July 29, 2025. Core FFO per share was $0.45. GAAP net income swung to a sharp loss per share of $(0.77), mainly because of a non-recurring charge tied to the early retirement of convertible debt. Total revenues (GAAP) climbed to $37.6 million from $28.8 million in the prior-year period. The quarter’s result shows strong leasing execution, tempered by subdued same-property income growth and the impact of one-off debt costs.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
CTO Realty Growth operates as a real estate investment trust (REIT). It focuses on acquiring, owning, and managing income-producing retail and mixed-use properties in high-growth U.S. markets. Its main presence is in the Sunbelt region, with significant holdings in Florida, Georgia, and Texas.
Source Fool.com