CareTrust REIT (CTRE) Misses Q3 EPS by 25c

CareTrust REIT (NASDAQ: CTRE) reported Q3 EPS of ($0.11), $0.25 worse than the analyst estimate of $0.14.

• Net loss of $10.1 million and net loss per diluted weighted-average common share of $0.11;
• Normalized FFO of $33.6 million and normalized FFO per diluted weighted-average common share of $0.35;
• Normalized FAD of $34.5 million and normalized FAD per diluted weighted-average common share of $0.36; and
• A net debt-to-normalized EBITDA ratio of 3.4x, and a net debt-to-enterprise value of 20%, each as of quarter-end.

For earnings history and earnings-related data on CareTrust REIT (CTRE) click here.

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