Sabra Health Care REIT (SBRA) Misses Q1 FFFO by 5c
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Sabra Reports First Quarter 2015 Results; Reports Increases in Normalized FFO and Normalized AFFO of 45% and 46%, Respectively, Over First Quarter 2014
May 5, 2015 4:00 PM EDTIRVINE, Calif., May 5, 2015 (GLOBE NEWSWIRE) -- Sabra Health Care REIT, Inc. ("Sabra," the "Company" or "we") (Nasdaq: SBRA) today announced results of operations for the first quarter of 2015.
RECENT HIGHLIGHTS
For the first quarter of 2015, Normalized FFO, Normalized AFFO and net income (loss) attributable to common stockholders were $31.4 million, $30.9 million and $16.9 million, respectively, compared to $21.7 million, $21.1 million and $(9.9) million, respectively, for the first quarter of 2014. Common shares outstanding as of March 31, 2015 and 2014, were 59,234,056 and 39,143,251, respectively, which resulted in Normalized FFO, Normalized AFFO and net income (loss) attributable to common stockholders... More