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Consolidated-Tomoka Land Co. Reports First Quarter 2013 Operating Results and Earnings

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Consolidated-Tomoka Land Co. Reports First Quarter 2013 Operating Results and Earnings Powered By Docstoc
					
				
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posted:4/23/2013
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Description: DAYTONA BEACH, Fla.--(BUSINESS WIRE)--Consolidated-Tomoka Land Co. (NYSE MKT: CTO) today announced its operating results and earnings for the quarter ended March 31, 2013. OPERATING RESULTS Operating results for the quarter ended March 31, 2013 (compared to the same quarterly period in 2012): Net income was $0.06 per share, a decrease of $0.03 per share; Revenue from Income Properties totaled approximately $3.2 million, an increase of 44.0%; Revenue from Real Estate Operations totaled approximat a st
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