Sabra Sees FY24 AFFO $1.39-$1.42 Vs $1.37 Estimate
Portfolio Pulse from Benzinga Newsdesk
Sabra Health Care REIT, Inc. (SBRA) has projected its FY24 Adjusted Funds From Operations (AFFO) to be in the range of $1.39 to $1.42, surpassing the previous estimate of $1.37.

August 07, 2024 | 9:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Sabra Health Care REIT, Inc. (SBRA) has projected its FY24 Adjusted Funds From Operations (AFFO) to be in the range of $1.39 to $1.42, surpassing the previous estimate of $1.37.
The upward revision in AFFO projections indicates better-than-expected financial performance, which is likely to positively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100