Omega Announces Third Quarter 2018 Financial Results

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Go back to Omega Announces Third Quarter 2018 Financial Results

Omega Healthcare Investors (OHI) Misses Q3 EPS by 11c, Revenues Beat; Offers FY18 EPS Outlook Below Consensus

November 5, 2018 6:05 AM EST

Omega Healthcare Investors (NYSE: OHI) reported Q3 EPS of $0.28, $0.11 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $221.85 million versus the consensus estimate of $219.03 million.

Taylor Pickett, Omegas Chief Executive Officer, stated, I am happy with the continued progress we made this quarter. We were able to successfully transition 22 of our legacy Orianna facilities to current operators with good rent coverage. We continue to make headway with the sale and/or transition of the... More