Omega Reports First Quarter 2020 Results

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Go back to Omega Reports First Quarter 2020 Results

Omega Healthcare Investors (OHI) Misses Q1 EPS by 3c, Revenues Beat; Withdraws FY20 Guidance

May 4, 2020 4:39 PM EDT

Omega Healthcare Investors (NYSE: OHI) reported Q1 EPS of $0.39, $0.03 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $253.02 million versus the consensus estimate of $250.41 million.

CEO COMMENTS

Taylor Pickett, Omegas Chief Executive Officer, stated, While we are pleased to announce strong first quarter results, we recognize that investors are more focused on how our operators are weathering the impact of COVID-19 on their facilities and how this is affecting their capacity to pay our rent. It is a challenging period on all... More