earnings
confidence high
sentiment negative
materiality 0.75
Sabra reports Q3 net loss of $(0.22)/share; Normalized FFO $0.36
Sabra Health Care REIT, Inc.
2022-Q3 EPS reported
$0.03
revenue$459,826,000
- Net loss per diluted share $(0.22); Normalized FFO $0.36 per share.
- Acquired two senior housing managed communities for $71.7M at 7.2% stabilized cash yield.
- Dispositions generated $23.1M proceeds; expects additional over $200M by year-end.
- Transitioning 24-property North American portfolio to Ensign and Avamere for $34.5M annual rent.
- Declared quarterly dividend of $0.30/share, payable Nov 30, 2022.