* Sabra Health Care REIT Inc reported quarterly adjusted earnings of 13 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of seven analysts for the quarter was for earnings of 16 cents per share. Wall Street expected results to range from 13 cents to 17 cents per share.
* Revenue rose 10.1% to $178.00 million from a year ago; analysts expected $172.34 million.
* Sabra Health Care REIT Inc's reported EPS for the quarter was 13 cents.
* The company reported quarterly net income of $29.79 million.
* Sabra Health Care REIT Inc shares had risen by 5.2% this quarter and gained 37.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 0.1% in the last three months.
* In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the specialized reits peer group is also "buy"
Wall Street's median 12-month price target for Sabra Health Care REIT Inc is $20.00 This summary was machine generated from LSEG data November 1 at 02:59 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.35 0.35 Met
Jun. 30 2024 0.34 0.35 Beat
Mar. 31 2024 0.33 0.34 Beat
Dec. 31 2023 0.33 0.32 Missed
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