Sabra Health Care REIT Q4 2023 GAAP EPS $0.33, Inline, Sales $163.40M Beat $158.10M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sabra Health Care REIT (SBRA) reported Q4 2023 earnings of $0.33 per share, meeting analyst estimates, with sales of $163.40M surpassing the $158.10M forecast, a 3.35% beat but a 0.96% decrease from the previous year.
February 27, 2024 | 9:38 pm
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Sabra Health Care REIT reported Q4 2023 earnings per share of $0.33, in line with estimates, and sales of $163.40M, exceeding expectations.
Meeting earnings estimates and exceeding sales forecasts typically have a positive impact on investor sentiment and stock price in the short term. The slight year-over-year sales decrease is a concern but may be overshadowed by the positive earnings report.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100