Sabra Health Care REIT Inc reports results for the quarter ended in June - Earnings Summary

Sabra Health Care REIT

08/08/2023 01:02

* Sabra Health Care REIT Inc  SBRA.OQ  reported quarterly
adjusted
earnings of 9 cents​​ per share for the quarter ended in June.
The mean expectation of seven analysts for the quarter was
for earnings of 10 cents per share.
    * Revenue rose 3.3% to $161.17 million from a year ago;
analysts
expected $158.42 million. 
    * Sabra Health Care REIT Inc's reported EPS for the quarter
was 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Sabra Health Care REIT Inc shares had risen by 8.6% this
quarter and gained 2.8% so far this year.
    * The company reported quarterly net income of $21.19
million.
    * Wall Street's median 12-month price target for Sabra
Health Care
REIT Inc is $13.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 9
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 12:01 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.33           0.33           Met
 Mar. 31 2023      0.34           0.33           Missed
 Dec. 31 2022      0.36           0.37           Beat
 Sep. 30 2022      0.37           0.36           Missed