Sabra Health Care REIT Q3 FFO EPS $0.33 Down From $0.36 YoY, Sales $161.63M Beat $158.95M Estimate
Portfolio Pulse from bharat@benzinga.com
Sabra Health Care REIT (NASDAQ:SBRA) reported Q3 earnings of $0.33 per share, a decrease of 8.33% YoY. However, the company beat the analyst consensus estimate with quarterly sales of $161.63 million, a 14.82% increase YoY.
November 06, 2023 | 9:20 pm
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NEUTRAL IMPACT
Sabra Health Care REIT's Q3 earnings per share decreased by 8.33% YoY, but sales exceeded estimates with a 14.82% increase YoY.
While Sabra Health Care REIT's earnings per share decreased, the company beat sales estimates, which could balance out the impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100