Sabra Healthcare REIT Reports Q4 Earnings, Matching Analyst Estimates
TUSTIN, Calif. - Sabra Healthcare REIT Inc. (SBRA) announced its fourth-quarter financial results on Wednesday, meeting Wall Street expectations for profitability.
Earnings Highlights:
* Funds from operations (FFO): $86.9 million ($0.36 per share)
* Net income: $46.7 million ($0.19 per share)
Revenue:
* Revenue: $182.3 million, slightly below analyst estimates of $183.2 million
Outlook:
* Sabra anticipates full-year FFO between $1.48 and $1.51 per share.