Sabra Health Care REIT Sees FY24 Normalized AFFO $1.39-$1.43 Vs $1.38 Est.
Portfolio Pulse from Benzinga Newsdesk
Sabra Health Care REIT has projected its FY24 Normalized Adjusted Funds From Operations (AFFO) to be in the range of $1.39 to $1.43, surpassing the estimated $1.38.
February 27, 2024 | 9:46 pm
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POSITIVE IMPACT
Sabra Health Care REIT's FY24 Normalized AFFO projection exceeds expectations, indicating potential positive momentum for its stock.
Sabra Health Care REIT's projection of its FY24 Normalized AFFO to be higher than analyst estimates suggests a positive outlook for the company's financial performance. This could lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100