Omega Healthcare Investors Reports Strong Q4 Results, Exceeds Expectations
HUNT VALLEY, Md. – Omega Healthcare Investors Inc. (OHI) announced quarterly results on Wednesday that surpassed market expectations.
The real estate investment trust reported funds from operations (FFO) of $214 million or $0.74 per share, exceeding the average analyst estimate of $0.73 per share. FFO is a key profitability metric in the REIT industry.
Net income for the quarter was $113.3 million or $0.41 per share. Revenue reached $279.3 million, surpassing the consensus estimate of $278.6 million.
For the full year, Omega Healthcare Investors reported FFO of $778.1 million and revenue of $1.05 billion.
For the upcoming fiscal year, the company anticipates FFO in the range of $2.90 to $2.98 per share.
The report highlights the company's continued strong financial performance in the healthcare real estate sector.