Omega Healthcare Invts Q1 2024 Adjusted FFO $0.68 Beats $0.66 Estimate, Sales $243.299M Beat $231.639M Estimate
Portfolio Pulse from Benzinga Newsdesk
Omega Healthcare Invts (NYSE:OHI) reported Q1 2024 Adjusted FFO of $0.68 per share, surpassing the $0.66 estimate, and sales of $243.299M, exceeding the $231.639M estimate. This represents a 3.03% increase in Adjusted FFO and an 11.50% increase in sales year-over-year.

May 02, 2024 | 8:22 pm
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Omega Healthcare Invts reported a strong Q1 2024 with Adjusted FFO and sales beating estimates, indicating robust financial health and operational efficiency.
Beating both Adjusted FFO and sales estimates suggests Omega Healthcare Invts is performing better than expected, which could lead to positive investor sentiment and potentially drive the stock price up in the short term. The year-over-year growth in both metrics further reinforces the company's upward trajectory, making this news highly relevant and important to investors.
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