Omega Healthcare Q3 2023 EPS $0.37 Down From $0.43 YoY, Revenue $242.032M Misses $247.079M Estimate
Portfolio Pulse from Benzinga Newsdesk
Omega Healthcare reported Q3 2023 earnings per share (EPS) of $0.37, down from $0.43 year over year (YoY). The company's revenue of $242.032M missed the estimate of $247.079M.
November 02, 2023 | 8:50 pm
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NEGATIVE IMPACT
Omega Healthcare's Q3 2023 earnings and revenue missed estimates, which could negatively impact the stock in the short term.
Omega Healthcare's lower than expected earnings and revenue for Q3 2023 could lead to a decrease in investor confidence, potentially causing the stock price to drop in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100