Omega Healthcare Investors (OHI) Posts Q4 FFO of 81c/Share
Omega Healthcare Investors (NYSE: OHI) reported Q4 FFO of $0.81, versus the analyst estimate of $0.76. Revenue for the quarter came in at $210.5 million versus the consensus estimate of $176.2 million.
Funds Available For Distribution (“FAD”) to common stockholders was $143.0 million or $0.72 per common share.
The $127.4 million of FFO available to common stockholders for the fourth quarter of 2015 includes $23.3 million of interest expense related to the early extinguishment of debt, $7.6 million in provision for uncollectible mortgages, notes and straight-line receivables, $5.4 million of in-place lease revenue amortization catch-up in connection with assumed Aviv REIT, Inc. (“Aviv”) leases, $4.5 million of non-cash stock-based compensation expense and $2.0 million of acquisition and merger related costs.
For earnings history and earnings-related data on Omega Healthcare Investors (OHI) click here.
