earnings
confidence high
sentiment positive
materiality 0.70
Sabra Q3 FFO $0.34, raises 2024 normalized FFO midpoint; $100M in acquisitions
Sabra Health Care REIT, Inc.
2024-Q3 EPS reported
$0.34
revenue$520,889,000
- Q3 diluted EPS $0.13; Normalized FFO $0.35; AFFO $0.36.
- Same-store managed senior housing Cash NOI rose 17.8% YoY.
- Closed $75.8M acquisition (8.1% yield) in Q3; $24M post-quarter (8.6% yield).
- 2024 Normalized FFO guidance raised to $1.43-1.44 from $1.41-1.44.
- Quarterly dividend of $0.30/share declared, payable Nov 29.