Sabra Health Care REIT Inc reports results for the quarter ended December 31 - Earnings Summary

Sabra Health Care REIT

20/02/2025 01:01

* Sabra Health Care REIT Inc  SBRA.OQ  reported quarterly
adjusted
earnings of 19 cents​​ per share for the quarter ended December
31, 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 14 cents to 17 cents per
share.
    * Revenue rose 11.6% to $182.35 million from a year ago;
analysts
expected $177.96 million. 
    * Sabra Health Care REIT Inc's reported EPS for the quarter
was 19
cents​.
    * The company reported quarterly net income of $46.7
million.
    * Sabra Health Care REIT Inc shares had fallen by 5.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.6%
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," 7
"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 February 20 at
01:01 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
 Dec. 31 2024      0.35           0.35           Met
 Sep. 30 2024      0.35           0.35           Met
 Jun. 30 2024      0.34           0.35           Beat
 Mar. 31 2024      0.33           0.34           Beat