Sabra Health Care REIT (SBRA) Tops Q4 FFO by 9c/Share

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Sabra Reports Fourth Quarter 2015 Results; Reports Normalized FFO Per Share of $0.64, Representing a 12% Increase Over Fourth Quarter 2014

February 22, 2016 8:02 AM EST

IRVINE, Calif., Feb. 22, 2016 (GLOBE NEWSWIRE) -- Sabra Health Care REIT, Inc. (Sabra, the Company or we) (NASDAQ: SBRA) (NASDAQ: SBRAP) today announced results of operations for the fourth quarter of 2015.

RECENT HIGHLIGHTS

For the fourth quarter of 2015, Normalized FFO, Normalized AFFO and net income attributable to common stockholders per diluted common share were $0.64, $0.55 and $0.34, respectively, compared to $0.57, $0.54 and $0.35, respectively, for the fourth quarter of 2014.During the fourth quarter of 2015, revenues increased 19.9% over the same period in 2014, from $55.7 million to $66.8 million.During the fourth quarter of 2015, we... More