Omega Healthcare Invts Q2 2024 FFO $0.71 Beats $0.69 Estimate, Sales $252.75M Beat $243.04M Estimate
Portfolio Pulse from Benzinga Newsdesk
Omega Healthcare Investors (NYSE: OHI) reported Q2 2024 earnings per share of $0.71, beating the analyst estimate of $0.69. The company also reported sales of $252.75 million, surpassing the $243.04 million estimate. This represents a 1.02% increase over the same period last year.
August 01, 2024 | 8:35 pm
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Omega Healthcare Investors (NYSE: OHI) reported Q2 2024 earnings per share of $0.71, beating the analyst estimate of $0.69. The company also reported sales of $252.75 million, surpassing the $243.04 million estimate. This represents a 1.02% increase over the same period last year.
The company's earnings and sales both exceeded analyst expectations, which is likely to have a positive short-term impact on the stock price. The year-over-year increase in sales further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100