earnings
confidence high
sentiment positive
materiality 0.75
Omega Q2 net income $117M ($0.45 EPS); YTD investments $648M; AFFO guidance raised
OMEGA HEALTHCARE INVESTORS INC
2024-Q2 EPS reported
$0.72
revenue$496,044,000
- Net income of $117M ($0.45 per share) vs $62M ($0.25) in Q2 2023; Nareit FFO $189M ($0.72).
- Adjusted FFO of $185M ($0.71 per share) vs $183M ($0.74) in Q2 2023.
- Completed $221M in Q2 new investments ($115M acquisitions, $106M loans); $373M in Q3 to date.
- Issued 8M common shares for $245M; repaid $400M senior unsecured notes.
- Full year 2024 AFFO guidance raised; YTD new investments total $648M.