CareTrust REIT Inc expected to post earnings of 31 cents a share - Earnings Preview

CareTrust REIT

04/02/2025 11:02

* CareTrust REIT Inc  CTRE.N   CTRE.K  is expected to show a
rise
in quarterly revenue when it reports  results on February 6
(estimated) for the period ending December 31 2024
    * The San Clemente California-based  company is expected to
report
a 27.1% increase in revenue to $67.953 million from $53.47
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for CareTrust REIT Inc is
for
earnings of 31 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for CareTrust
REIT
Inc is $33.50​, above​ its last closing price of $26.75. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.38        0.38       0.38      Met     -0.4
 Jun. 30 2024  0.37        0.36       0.36      Met     -1
 Mar. 31 2024  0.36        0.36       0.35      Missed  -3.5​
 Dec. 31 2023  0.36        0.36       0.36      Met     0.2
 ​​Sep.        0.36        0.36       0.35      Missed  -2.4
 30 2023                                                
 Jun. 30 2023  0.35        0.35       0.35      Met     -1.2​
 Mar. 31 2023  0.35        0.36       0.35      Missed  -2.4
 Dec. 31 2022  0.38        0.37       0.38      Beat    2.2
 This summary was machine generated February 4 at 11:02 GMT.  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)