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Consolidated-Tomoka Land Co. Reports Second Quarter 2012 Earnings

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Consolidated-Tomoka Land Co. Reports Second Quarter 2012 Earnings Powered By Docstoc
					
				
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posted:7/19/2012
language:English
pages:5
Description: DAYTONA BEACH, Fla.--(BUSINESS WIRE)--Consolidated-Tomoka Land Co., (NYSE MKT: CTO) today announced its operating results for the second quarter and six months ended June 30, 2012. SIGNIFICANT ACTIVITIES: Operating results for the second quarter ended June 30, 2012 (compared to the same quarterly period in 2011): Net Income per share increased to $0.10, versus $0.06 in 2011 Sold 16.6 acres of industrial land for $618,000 Revenue from Income Properties portfolio increased 10% to $2.45 million Rev a
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