Omega Healthcare Investors Inc reports results for the quarter ended in September - Earnings Summary

Omega Healthcare Investors,

03/11/2023 05:23

* Omega Healthcare Investors Inc  OHI.N  reported quarterly
adjusted earnings of 37 cents​​ per share for the quarter ended
in September, lower than the same quarter last year, when the
company reported EPS of 43 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 33 cents per
share. Wall Street expected results to range from 32 cents to 36
cents per share.
    * Revenue rose 1.1% to $242.03 million from a year ago;
analysts
expected $247.08 million. 
    * Omega Healthcare Investors Inc's reported EPS for the
quarter
was 37 cents​.
    * The company reported quarterly net income of $91.38
million.
    * Omega Healthcare Investors Inc shares had risen by 1.7%
this
quarter and gained 20.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 11
"hold" and no "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 $34.00 
This summary was machine generated from LSEG data November 3 at
05:23 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.70           0.71           Beat
 Jun. 30 2023      0.68           0.74           Beat
 Mar. 31 2023      0.60           0.66           Beat
 Dec. 31 2022      0.71