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CTRE — CareTrust REIT News Story

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CareTrust REIT Inc reports results for the quarter ended December 31 - Earnings Summary

* CareTrust REIT Inc  CTRE.N  reported quarterly adjusted
earnings
of 32 cents​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of 22 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 31 cents per
share. Wall Street expected results to range from 29 cents to 34
cents per share.
    * Revenue rose 16.3% to $62.20 million from a year ago;
analysts
expected $67.95 million. 
    * CareTrust REIT Inc's reported EPS for the quarter was 29
cents​.
    * The company reported quarterly net income of $52.14
million.
    * CareTrust REIT Inc shares had fallen by 4.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the specialized
reits
peer group is also "buy"

Wall Street's median 12-month price target for CareTrust REIT
Inc is $32.50 
This summary was machine generated from LSEG data February 12 at
10:51 p.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
 Dec. 31 2024      0.39           0.40           Beat
 Sep. 30 2024      0.38           0.38           Met
 Jun. 30 2024      0.36           0.36           Met
 Mar. 31 2024      0.36           0.35           Missed

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