Sabra Health Care reports mixed Q1 results; reaffirms FY24 outlook

May 08, 2024 4:32 PM ETSabra Health Care REIT, Inc. (SBRA) StockBy: Meghavi Singh, SA News Editor
  • Sabra Health Care press release (NASDAQ:SBRA): Q1 FFO of $0.32 misses by $0.01.
  • Revenue of $166.75M (+3.4% Y/Y) beats by $2.94M.
  • 2024 GUIDANCE

    Sabra is reiterating 2024 earnings guidance ranges as follows (attributable to common stockholders, per diluted common share):

    • Net Income: $0.53 - $0.57
    • FFO: $1.33 - $1.37 vs. consensus of $1.37
    • Normalized FFO: $1.34 - $1.38
    • AFFO: $1.38 - $1.42
    • Normalized AFFO: $1.39 - $1.43

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About SBRA Stock

SymbolLast Price% Chg
SBRA
14.870.88%
Post14.80-0.47%
Created with Highcharts 11.2.0May 3May 6May 7May 81415
Market Cap
$3.41B
PE (FWD)
25.36
Yield
8.14%
Rev Growth (YoY)
21.18%
Prev. Close
$14.74
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