Omega Announces Fourth Quarter 2019 Financial Results
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Omega Healthcare Investors (OHI) Misses Q4 EPS by 6c, Revenues Miss; Offers FY20 EPS Guidance
February 5, 2020 4:39 PM ESTOmega Healthcare Investors (NYSE: OHI) reported Q4 EPS of $0.31, $0.06 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $219.8 million versus the consensus estimate of $239.64 million.
CEO COMMENTS
Taylor Pickett, Omegas Chief Executive Officer, stated, The fourth quarter represented a strong conclusion to a very productive year. In December, we completed our acquisition of a 49% interest in a U.K. senior housing joint venture for approximately $90 million. In addition, we continue to source smaller, attractively priced acquisitions and new... More
