Omega Healthcare Investors Inc reports results for the quarter ended in December - Earnings Summary
07/02/2024 23:28
* Omega Healthcare Investors Inc OHI.N reported quarterly
adjusted earnings of 22 cents per share for the quarter ended
in December, higher than the same quarter last year, when the
company reported EPS of 19 cents. The mean expectation of
seven analysts for the quarter was for earnings of 35 cents per
share. Wall Street expected results to range from 28 cents to 49
cents per share.
* Revenue rose 65.2% to $239.32 million from a year ago;
analysts
expected $233.82 million.
* Omega Healthcare Investors Inc's reported EPS for the
quarter
was 22 cents.
* The company reported quarterly net income of $55 million.
* Omega Healthcare Investors Inc shares had fallen by 8.8%
this
quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 5.9%
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 "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 12
"hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the specialized
reits
peer group is also "hold"
Wall Street's median 12-month price target for Omega Healthcare
Investors Inc is $32.00
This summary was machine generated from LSEG data February 7 at
11:27 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 2023 0.67 0.68 Beat
Sep. 30 2023 0.70 0.71 Beat
Jun. 30 2023 0.68 0.74 Beat
Mar. 31 2023 0.60 0.66 Beat