CTO Realty Growth Q2 FY26 net income swings to profit of $15.1 million; revenue rises 16.5% to $43.8 million

Reuters2026/07/28 20:23

By:Reuters

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CTO Realty Growth posted net income attributable to the company of USD 15.1 million for the quarter ended June 30, 2026, swinging from a loss.
Revenue rose 16.5% to USD 43.83 million, led by Income Properties up 11.3% to USD 37.14 million.
Commercial Loans and Investments revenue more than doubled to USD 5.23 million, while Management Services climbed 17.6% to USD 1.47 million.
Interest expense increased to USD 7.8 million, while a USD 20.4 million loss on extinguishment of debt a year earlier did not recur.
CTO sold two shopping centers for USD 90.7 million, booking USD 2.1 million of gains; it reiterated 2026 investment guidance of USD 300 million to USD 400 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CTO Realty Growth Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-087549), on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CTO Realty Growth Q2 FY26 net income swings to profit of $15.1 million; revenue rises 16.5% to $43.8 million

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