CTO Realty Growth, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 25.18 million compared to USD 17.69 million a year ago. Revenue was USD 28.47 million compared to USD 23.12 million a year ago. Net income was USD 2.69 million compared to USD 4.82 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to USD 0.2 a year ago. Diluted earnings per share from continuing operations was USD 0.07 compared to USD 0.19 a year ago.
For the nine months, sales was USD 70.37 million compared to USD 49.23 million a year ago. Revenue was USD 79.23 million compared to USD 59.79 million a year ago. Net loss was USD 1.51 million compared to net income of USD 6.24 million a year ago. Basic loss per share from continuing operations was USD 0.23 compared to basic earnings per share from continuing operations of USD 0.15 a year ago. Diluted loss per share from continuing operations was USD 0.23 compared to diluted earnings per share from continuing operations of USD 0.15 a year ago.