Sabra Health Care REIT (SBRA) Tops Q3 EPS by 1c

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Go back to Sabra Health Care REIT (SBRA) Tops Q3 EPS by 1c

Sabra Reports Third Quarter 2015 Results; Reports Normalized FFO Per Share of $0.58, Representing a 14% Increase Over Third Quarter 2014

November 9, 2015 4:15 PM EST

IRVINE, Calif., Nov. 9, 2015 (GLOBE NEWSWIRE) -- Sabra Health Care REIT, Inc. ("Sabra," the "Company" or "we") (NASDAQ: SBRA) today announced results of operations for the third quarter of 2015.

RECENT HIGHLIGHTS

For the third quarter of 2015, Normalized FFO, Normalized AFFO and net income attributable to common stockholders per diluted common share were $0.58, $0.53 and $0.24, respectively, compared to $0.51, $0.51 and $0.31, respectively, for the third quarter of 2014. During the third quarter of 2015, revenues increased 36% over the same period in 2014, from $44.0 million to $59.9 million. During the third quarter of 2015, we made investments of $93.8 million.... More