CareTrust REIT, Inc. Announces Second Quarter 2015 Operating Results; Announces Pending $175M Acquisition

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CareTrust REIT (CTRE) Announces 14.2M Common Stock Offering

August 10, 2015 6:38 AM EDT

CareTrust REIT (NASDAQ: CTRE) announced that it has commenced a public offering of 14,200,000 shares of its common stock, which is subject to market and other conditions. The Company also intends to grant the underwriters a 30-day option to purchase up to an additional 2,130,000... More

CareTrust REIT (CTRE) Reports In-Line Q2 EPS; Announces 14-Property Portfolio Acquisition

August 10, 2015 6:37 AM EDT

CareTrust REIT (NASDAQ: CTRE) reported Q2 EPS of $0.25, in-line with the analyst estimate of $0.25. Revenue for the quarter came in at $17.4 million versus the consensus estimate of $16.46 million.

Announced Pending Acquisitions: Liberty Nursing Centers Portfolio

The Company also announced today that it has a 14-property skilled nursing and seniors housing portfolio under contract, with diligence on the portfolio substantially completed. Currently owned and... More