Sabra Health Care REIT (SBRA) Misses Q3 EPS by 13c, Revenues Miss; Lowers FY18 EPS Guidance Below Consensus
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Sabra Reports Third Quarter 2018 Results and Continued Improvement in Skilled Nursing Occupancy, Skilled Mix and Senior Housing - Managed Portfolio Occupancy; Updates 2018 Guidance
November 5, 2018 4:32 PM ESTIRVINE, Calif., Nov. 05, 2018 (GLOBE NEWSWIRE) -- Sabra Health Care REIT, Inc. (Sabra, the Company or we) (Nasdaq: SBRA) today announced results of operations for the third quarter of 2018.
RECENT HIGHLIGHTS
For the third quarter of 2018, net income attributable to common stockholders, FFO, Normalized FFO, AFFO and Normalized AFFO per diluted common share were $0.20, $0.50, $0.60, $0.54 and $0.55, respectively, compared to $0.11, $0.34, $0.63, $0.56 and $0.60, respectively, for the third quarter of 2017.For the third quarter of 2018, our Skilled Nursing occupancy percentage improved 30 basis points to 82.6%, and our Skilled Mix improved 60 basis points to 39.1%, each... More
