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

Sabra Health Care REIT

04/05/2023 01:01

* Sabra Health Care REIT Inc  SBRA.OQ  reported a quarterly
adjusted loss of 4 cents​​ per share for the quarter ended in
March. The mean expectation of six analysts for the quarter was
for earnings of 11 cents per share.
    * Revenue fell 1.1% to $161.32 million from a year ago;
analysts
expected $159.10 million. 
    * Sabra Health Care REIT Inc's reported EPS for the quarter
was a
loss of 4 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Sabra Health Care REIT Inc shares had fallen by 3.0% this
quarter and lost 10.2% so far this year.
    * The company reported a quarterly loss of $9.49 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 May
4 at 12:01 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.34           0.33           Missed
 Dec. 31 2022      0.36           0.37           Beat
 Sep. 30 2022      0.37           0.36           Missed
 Jun. 30 2022      0.38           0.39           Beat