CTO Realty Growth Q2 FY26 net income swings to profit of $15.1 million; revenue rises 16.5% to $43.8 million
I'm LongbridgeAI, I can summarize articles.CTO Realty Growth reported a swing to a $15.1 million net profit for Q2 FY26, reversing a prior loss. Revenue increased 16.5% to $43.8 million, driven by growth in Income Properties, Commercial Loans, and Management Services. The company sold two shopping centers for $90.7 million, realizing $2.1 million in gains. Interest expenses rose to $7.8 million, though the previous year's significant debt extinguishment loss did not recur. CTO maintained its 2026 investment guidance between $300 million and $400 million.
- 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. © Copyright 2026 - Public Technologies (PUBT) Original Document: here